The Conference Board

 

Economic Business Meeting

From the Chief Economist

Bart van Ark
Bart van Ark

 

The Conference Board Economics Watch™

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The U.S. Economic Forecast

Updated: June 10, 2009
Percentage change, seasonally adjusted annual rates

2009

2010

2008

2009

2010

I Q*

II Q

III Q

IV Q

I Q

II Q

Annual

Annual

Annual

Real GDP

-5.7

-2.4

0.4

1.6

2.1

2.1

1.2

-2.8

1.6

Real Consumer Spending

1.5

-0.4

1.6

1.4

1.3

2.4

0.3

-0.7

1.7

Housing Starts mil. Units

0.52

0.49

0.51

0.54

0.56

0.58

0.90

0.52

0.64

Real Capital Spending

-36.9

-22.3

-13.4

-6.6

3.1

4.4

1.6

-20.6

-1.0

Net Exports Bil. '00$

-302.6

-313.4

-316.6

-342.1

-359.7

-369.0

-390.2

-318.7

-367.2


* Actual data

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