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Economics
StraightTalk®

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Gail Fosler
President
April 2008
Global Outlook and U.S. Update
  • All Eyes Should Not Be on the United States
  • European Growth Concerns Cumulate
  • Risks to Japan’s Economy Are Rising
  • The Outlook Is Better Elsewhere
  • Global Financial Markets Feel the Pressure
  • Taking the Measure of the U.S. Economy

 

StraightTalk is a monthly publication from the President of The Conference Board. It provides economic research, objective analysis, and forecasts to help new economy business executives assess economic conditions impacting their markets.

Download a sample issue (293 KB).

 

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


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