Economy in lower gear through 2008
According to participants in the Chicago Fed's annual Automotive Outlook Symposium, the nation's economic growth in 2008 is forecasted to be slower than in 2007, with inflation staying high and the unemployment rate rising. Light vehicle sales are predicted to fall sharply this year and then improve in 2009.
Economy in slower traffic through 2008
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.
Economic Outlook Symposium: summary of 2008 results and forecasts for 2009
According to participants in the Chicago Fed?s annual Economic Outlook Symposium, the nation?s economic growth in 2009 is forecasted to be very weak, with inflation moving lower and the unemployment rate higher. The housing sector is predicted to remain weak, and light vehicle sales are expected to decline further.
Economy to turn the corner in 2010
According to participants in the Chicago Fed?s annual Automotive Outlook Symposium, the nation?s economic decline is forecasted to bottom out this year; solid economic growth is expected in 2010?with inflation staying contained but the unemployment rate remaining high. Light vehicle sales are predicted to fall sharply this year and then to improve in 2010.
Employment Challenges for the Formerly Incarcerated
The U.S. economy is on a historic run of job creation, with 76 straight months of job growth as of June 2016. Many firms are looking for new pools of talent as traditional pools are increasingly absorbed by rising employment. Wages are beginning to rise more rapidly than they have for several years, with ADP?s Workforce Vitality Report for Q1 2016 estimating annual wage growth for full-time job holders of 4.7 percent. The strengthening labor market provides an opportunity for both employers and policymakers to reconsider the status of subgroups that face distinct barriers to the job market. ...
Economic Outlook Symposium: summary of 2005 results and forecasts for 2006
The nation?s economic growth will soften slightly in 2006, inflation will decrease, and the unemployment rate will remain stable, according to the median forecast of participants at the Federal Reserve Bank of Chicago?s most recent Economic Outlook Symposium.
Economy on cruise control through 2007
According to participants in the Chicago Fed's annual Automotive Outlook Symposium, the outlook for 2006 is for the U.S. economy to expand at a rate slightly above its trend, with unemployment edging lower. Since energy prices are expected to moderate, inflation is forecasted to fall this year. Light vehicle sales are predicted to remain steady.
Residential Mortgage Lending for Underserved Communities: Recent Innovations
As the United States continues to recover from its worst financial crisis since the 1930s, housing finance leaders from both the public and private sectors have diligently worked to develop programs, products, and services to safely expand access to affordable homeownership. Despite persistently low interest rates, relatively modest growth in home prices, and a strengthening labor market, purchase mortgage volume remains low compared to the pre-crisis and pre-bubble years, and the homeownership rate continues to fall. Factors contributing to the homeownership decline include the still ...
Economic Outlook Symposium: summary of 2004 results and forecasts for 2005
The forecasters expect more moderate economic growth during 2005, with some reduction in activity in the housing sector and a slower pace of consumer spending growth than in the past several years.
Dealing with the impact of manufacturing job losses in the Midwest
The Community Development and Policy Studies division (CDPS) of the Federal Reserve Bank of Chicago hosted the Industrial Cities Initiative Symposium (ICI) on February 28, 2012. More than 50 economists, development professionals, city representatives, and analysts from business, academia, and city government attended the symposium.