econintersect.com
  • 토토사이트
    • 카지노사이트
    • 도박사이트
    • 룰렛 사이트
    • 라이브카지노
    • 바카라사이트
    • 안전카지노
  • 경제
  • 파이낸스
  • 정치
  • 투자
No Result
View All Result
  • 토토사이트
    • 카지노사이트
    • 도박사이트
    • 룰렛 사이트
    • 라이브카지노
    • 바카라사이트
    • 안전카지노
  • 경제
  • 파이낸스
  • 정치
  • 투자
No Result
View All Result
econintersect.com
No Result
View All Result

Forecasters See Stronger Growth in 2011 and 2012

admin by admin
2월 11, 2011
in 미분류
0
0
SHARES
0
VIEWS

Econintersect:  The outlook for growth in the U.S. economy looks more positive now than it did just three months ago, according to 43 forecasters surveyed by the Federal Reserve Bank of Philadelphia.

The panel expects real GDP to grow at an annual rate of 3.6 percent this quarter, up from the previous estimate of 2.4 percent. On an annual-average over annual-average basis, the forecasters predict faster real GDP growth in 2011 and 2012.  The forecasters see real GDP growing 3.2 percent in 2011, up from their prediction of 2.5 percent in the last survey. The forecasters predict real GDP will grow 3.1 percent in 2012, higher than their prediction of 2.9 percent in the last survey. For 2013, the forecast for real GDP growth is unchanged from the last survey at 3.0 percent.

Unemployment is projected to be an annual average of 9.1 percent in 2011, 8.5 percent in 2012, and 7.8 percent in 2013. These estimates are lower than the projections in the last survey. On the employment front, the forecasters have revised upward the growth in jobs over the next four quarters. The forecasters see nonfarm payroll employment growing at a rate of 129,100 jobs per month this quarter and 188,300 jobs per month next quarter. The forecasters’ projections for the annual-average level of nonfarm payroll employment suggest job gains at a monthly rate of 134,900 in 2011 and 226,100 in 2012, as the table below shows. (These annual-average estimates are computed as the year-to-year change in the annual-average level of nonfarm payroll employment, converted to a monthly rate.)

Real GDP (%)
Unemployment
Rate (%)
Payrolls
(000s/month)
Previous
New
Previous
New
Previous
New
Quarterly data:
2011:Q1
2.4
3.6
9.5
9.3
104.2
129.1
2011:Q2
2.7
3.5
9.4
9.2
144.3
188.3
2011:Q3
3.3
3.1
9.2
9.0
139.8
201.1
2011:Q4
2.9
3.4
9.0
8.8
170.6
213.1
2012:Q1
N.A.
3.1
N.A.
8.7
N.A.
201.4
Annual data (projections are based on annual-average levels):
2011
2.5
3.2
9.3
9.1
105.5
134.9
2012
2.9
3.1
8.7
8.5
N.A.
226.1
2013
3.0
3.0
7.9
7.8
N.A.
N.A.
2014
N.A.
3.4
N.A.
7.3
N.A.
N.A.

 

Forecasters see little chance of inflation now and into the future.

source: Philly Fed

 

Previous Post

Shanghai Swimming Against Tide Second Day in a Row

Next Post

Mubarak is Out

Related Posts

Bitcoin Is Finally Trading Perfectly Like 'Digital Gold'
Economics

Bitcoin Is Finally Trading Perfectly Like ‘Digital Gold’

by admin
Namibia Will Regulate And Not Ban Crypto With New Law
Finance

Namibia Will Regulate And Not Ban Crypto With New Law

by admin
6,746 ETH Valued At $12M Was Just Burned
Economics

6,746 ETH Valued At $12M Was Just Burned

by admin
Bitcoin Is Steady Above $29,000 Awaiting US NFP Figures
Economics

Bitcoin: What Next After Consolidation Ends?

by admin
US Government Offloads Another 8,200 Bitcoin – On-chain Data
Economics

US Government Offloads Another 8,200 Bitcoin – On-chain Data

by admin
Next Post

Mubarak is Out

답글 남기기 응답 취소

이메일 주소는 공개되지 않습니다. 필수 필드는 *로 표시됩니다

Browse by Category

  • Business
  • Econ Intersect News
  • Economics
  • Finance
  • Politics
  • Uncategorized

Browse by Tags

adoption altcoins bank banking banks Binance Bitcoin Bitcoin market blockchain BTC BTC price business China crypto crypto adoption cryptocurrency crypto exchange crypto market crypto regulation decentralized finance DeFi Elon Musk ETH Ethereum Europe Federal Reserve finance FTX inflation investment market analysis Metaverse NFT nonfungible tokens oil market price analysis recession regulation Russia stock market technology Tesla the UK the US Twitter

Categories

  • Business
  • Econ Intersect News
  • Economics
  • Finance
  • Politics
  • Uncategorized

© Copyright 2024 EconIntersect

No Result
View All Result
  • 토토사이트
    • 카지노사이트
    • 도박사이트
    • 룰렛 사이트
    • 라이브카지노
    • 바카라사이트
    • 안전카지노
  • 경제
  • 파이낸스
  • 정치
  • 투자

© Copyright 2024 EconIntersect