The Conference Board

 

Economic Business Meeting

From the Chief Economist

Bart van Ark
Bart van Ark

GDP Positive Sign, But No Quick Recovery in Sight
First quarter GDP shows the U.S. economy remains in a positive, albeit slow, growth mode — but there's no quick recovery in sight yet... more

Also:
Taking the Measure of the U.S. Economy
The U.S. Economy: Getting the Diagnosis Right

 

The U.S. Economic Forecast

Updated: May 8, 2008

 2008 2009

2007

2008

2009

IQ*

II Q

III Q

IV Q

IQ

II Q

Annual

Annual

Annual

Real GDP

0.6

0.4

1.4

1.5

1.2

2.7

2.2

1.4

1.8

CPI Inflation

4.5

2.9

3.0

3.5

3.6

3.8

2.9

3.8

3.5

Real Consumer Spending

1.0

1.0

1.4

1.5

1.6

2.5

2.9

1.6

1.9

Unemployment Rate (%)

4.9

5.2

5.3

5.3

5.4

5.4

4.6

5.2

5.4

90 Day T-Bills (%)

2.04

1.50

1.50

1.50

1.50

1.75

4.38

1.64

1.88

10 Yr Treas Bonds (%)

3.66

3.47

3.47

3.47

3.47

3.72

4.63

3.52

3.84


* Actual data

Back to Top