IDEAS home Printed from https://ideas.repec.org/a/fip/fedmqr/y1991ifallp18-25nv.15no.4.html
   My bibliography  Save this article

A bleak outlook for the U.S. economy

Author

Listed:
  • David E. Runkle

Abstract

Economic activity in the United States has been growing more slowly than average for the past three years, and it is not likely to speed up soon. The slow growth has been due primarily to pessimism among consumers about their long-run personal income. That pessimism?and its extension to the U.S. economy as a whole?is confirmed by data on real estate prices and labor force participation and by the 1992?93 forecast of a Bayesian vector autoregression model.

Suggested Citation

  • David E. Runkle, 1991. "A bleak outlook for the U.S. economy," Quarterly Review, Federal Reserve Bank of Minneapolis, vol. 15(Fall), pages 18-25.
  • Handle: RePEc:fip:fedmqr:y:1991:i:fall:p:18-25:n:v.15no.4
    as

    Download full text from publisher

    File URL: http://www.minneapolisfed.org/publications_papers/pub_display.cfm?id=239
    Download Restriction: no

    File URL: http://www.minneapolisfed.org/research/QR/QR1542.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Business forecasting;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fip:fedmqr:y:1991:i:fall:p:18-25:n:v.15no.4. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Kate Hansel (email available below). General contact details of provider: https://edirc.repec.org/data/cfrbmus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.