 08 January 2001
U.S. economic forecast 2001 highlights
- Consumer spending growth slows and consumer confidence more subdued
- Export improvement continues while import growth slows
- Business investment growth eases a bit but still solid
- Housing market no longer an "engine" of growth
- Labor market not quite as tight, but national jobless rate remains below 5%
- Wage/Benefit increases outstrip materials price inflation
- Productivity gains begin to moderate, so corporate profit growth slows
- Greater caution on the part of consumers and businesses pending assessment of economic policy priorities of the new president
- "Wild Cards": international political tensions, oil prices, new initiatives of economic policymakers at the Treasury, Commerce, and Labor Departments
-Measuring Markets, MCAA
|
InTech Home