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