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Economy in slower traffic through 2008


Abstract: According to participants in the Chicago Fed?s annual Automotive Outlook Symposium, the nation?s economic growth in 2007 is forecasted to be slower than in 2006, with inflation rising and the unemployment rate ticking up. Light vehicle sales are predicted to remain steady this year and improve slightly in 2008.

Keywords: Economic conditions;

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Provider: Federal Reserve Bank of Chicago

Part of Series: Chicago Fed Letter

Publication Date: 2007

Issue: Aug

Order Number: 241a