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Economy on cruise control in 2010 and 2011

Author

Listed:
  • Britton Lombardi
  • William A. Strauss

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 2011. Inflation is expected to remain contained, but the unemployment rate is anticipated to remain high. Light vehicle sales are forecasted to improve moderately in 2010 and 2011.

Suggested Citation

  • Britton Lombardi & William A. Strauss, 2010. "Economy on cruise control in 2010 and 2011," Chicago Fed Letter, Federal Reserve Bank of Chicago, issue Aug.
  • Handle: RePEc:fip:fedhle:y:2010:i:aug:n:277
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    File URL: http://www.chicagofed.org/digital_assets/publications/chicago_fed_letter/2010/cflaugust2010_277.pdf
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    Keywords

    Automobiles - Prices; Inflation (Finance);

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