The Conference Board Economics Watch® United States View

  • Authors:
    Kathy Bostjancic
  • Publication Date:
    January 2011
  • Report Number:
    EWUV_V1N1

  • The payroll tax cut and modestly improved economic landscape have led us to revise up our 2011 GDP growth forecast to 2.5 percent
  • Due to major headwinds from weak labor and construction markets, there is still a moderate growth environment
  • Inflation remains below the Federal Reserve’s target range of 1.5 percent–2.0 percent and the unemployment rate is too high

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