The January 2011 Wall Street Journal Economic Forecast Survey

The January Wall Street Journal Economic Forecast Survey was published January 14, 2011.  The headline is “Economists Optimistic On Growth.”

I found a variety of topics seen in the Q&A (spreadsheet tab) to be interesting, including questions on “Grading Central Bankers” and “QE2”.

The current average forecasts among economists polled include the following:


full-year 2010 : 2.8%

full-year 2011 : 3.3%

Unemployment Rate:

for 6/1/2011: 9.3%

for 12/1/2011: 8.8%

10-Year Treasury Yield:

for 6/30/2011: 3.6%

for 12/31/2011: 3.97%


for 6/1/2011: 1.9%

for 12/1/2011: 1.9%

Crude Oil  ($ per bbl):

for 6/30/2011: $88.67

for 12/31/2011: $90.70

(note: I comment upon this survey each month; commentary on past surveys can be found under the “Economic Forecasts” category)


I post various economic forecasts because I believe they should be carefully monitored.  However, as those familiar with this blog are aware, I do not necessarily agree with many of the consensus estimates and much of the commentary in these forecast surveys.


A Special Note concerning our economic situation is found here

SPX at 1293.24 as this post is written