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Economy to keep cruising along in 2011 and 2012

Author

Listed:
  • William A. Strauss
  • Norman Wang

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 2012. Inflation is expected to rise in 2011 and then ease in 2012, and the unemployment rate is anticipated to move lower but remain high by historical standards through the end of 2012. Light vehicle sales are forecasted to improve in 2011 and 2012.

Suggested Citation

  • William A. Strauss & Norman Wang, 2011. "Economy to keep cruising along in 2011 and 2012," Chicago Fed Letter, Federal Reserve Bank of Chicago, issue Aug.
    • Handle: RePEc:fip:fedhle:y:2011:i:aug:n:289a
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    File URL: http://www.chicagofed.org/digital_assets/publications/chicago_fed_letter/2011/cflaugust2011_289a.pdf
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