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Economy to keep cruising along in 2011 and 2012
Abstract: According to participants in the Chicago Fed?s annual Automotive Outlook Symposium, solid economic growth is forecasted for the nation this year and in 2012. Inflation is expected to rise in 2011 and then ease in 2012, and the unemployment rate is anticipated to move lower but remain high by historical standards through the end of 2012. Light vehicle sales are forecasted to improve in 2011 and 2012.
Keywords: Inflation (Finance); Automobile industry and trade; economic conditions - United States;
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Bibliographic Information
Provider: Federal Reserve Bank of Chicago
Part of Series: Chicago Fed Letter
Publication Date: 2011
Issue: Aug
Order Number: 289a