Economy to cruise at speed limit in 2013 and accelerate slightly in 2014

William Strauss and Norman Wang

Chicago Fed Letter, 2013, issue Aug, No 313a

Abstract: According to participants in the Chicago Fed?s annual Automotive Outlook Symposium, the nation?s economic growth is forecasted to be solid this year and to strengthen somewhat in 2014. Inflation is expected to remain flat in 2013 and 2014, and the unemployment rate is anticipated to move lower but remain high by historical standards through the end of 2014. Light vehicle sales are predicted to improve in 2013 and 2014.

Keywords: economic; conditions; -; United; States (search for similar items in EconPapers)
Date: 2013
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