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Regional Economic Outlook.pdf

deseve_region.pdf

🔗 Source: taxadmin.org

📊 Size: 134 KB

👤 Author: ron

⬇️ Downloads: 90

Summary

American Economics Group presents a regional economic forecast, stating the US is mired in the aftermath of a recession, with a firm recovery path 2-3 quarters away, and real growth averaging 2.0-3.0% over the next 6 quarters. The forecast highlights weak employment growth, weakening consumer purchases, and non-robust capital spending, while high-tech equipment sales are still lagging. Official GDP is considered overstated due to bad data and significant revisions, with actual growth estimated at 2% GDP, 1.5% productivity, and 0.5% employment. Nominal and real GDP forecasts are provided, with components of demand examined, including weakening consumption, negative capital spending, strong exports, increased government/defense purchases, and decreased state spending.

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Description

American Economics Group presents a regional economic forecast, stating the US is mired in the aftermath of a recession, with a firm recovery path 2-3 quarters...

Technical Information

File Format: PDF
File Size: 134 KB
Pages: 19
Language: EN
Author: ron
Total Downloads: 90
Last Updated: 3 hours ago

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This PDF document about Regional Economic Outlook provides comprehensive information and guidance. Whether you're a beginner or advanced user, this resource offers valuable insights into Regional Economic Outlook.