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Economy on cruise control through 2007

Author

Listed:
  • Emily Engel
  • William A. Strauss

Abstract

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.

Suggested Citation

  • Emily Engel & William A. Strauss, 2006. "Economy on cruise control through 2007," Chicago Fed Letter, Federal Reserve Bank of Chicago, issue Aug.
    • Handle: RePEc:fip:fedhle:y:2006:i:aug:n:229a
    as

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    File URL: http://www.chicagofed.org/digital_assets/publications/chicago_fed_letter/2006/cflaugust2006_229a.pdf
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