America's Economic Future – A Discussion By Ted Kavadas
Here is an update on various indicators that are supposed to predict and/or depict economic activity. These indicators have been discussed in previous blog posts: The December Chicago Fed National Activity Index (CFNAI)(pdf) updated as of December 20, 2010: – The Consumer Metrics Institute Contraction Watch: – The USA TODAY/IHS Global Insight Economic Outlook Index: …
The December Wall Street Journal Economic Forecast Survey was published December 13, 2010. I found a couple of excerpts, seen below, to be especially notable: “The economists now see stronger expansion in the first half of 2011, with growth picking up speed as the year progresses. For the year, they expect GDP will rise 3%. …
Here is a link to the FOMC Minutes of November 2-3, 2010. (pdf) One item of interest is the section titled “Summary Of Economic Projections.” This section displays and discusses projections and statistics of various measures including GDP, Unemployment Rate, and PCE Inflation. As stated in the FOMC Minutes: “In conjunction with the November 2–3, …
Here is an update on various indicators that are supposed to predict and/or depict economic activity. These indicators have been discussed in previous blog posts: The November Chicago Fed National Activity Index (CFNAI)(pdf) updated as of November 22, 2010: – The Consumer Metrics Institute Contraction Watch: – The USA TODAY/IHS Global Insight Economic Outlook Index: …
Gallup has a variety of economic surveys that I find interesting. Here are charts of three that I find especially noteworthy: – Americans’ Standard of Living Optimism: (reported November 5, 2010) – U.S. Economic Confidence (reported November 9, 2010) – U.S. Consumer Spending (reported November 11, 2010) – At each link, details of each survey …
The Philadelphia Fed Fourth Quarter 2010 Survey of Professional Forecasters was released on November 15. This survey is somewhat unique in various regards, such as it incorporates a longer time frame for various measures. The survey shows, among many measures, the following expectations, which are close to other economic survey results featured on this blog: …
The November Wall Street Journal Economic Forecast Survey was published November 15, 2010. I found a couple of items to be especially interesting. First, regarding the impact of QE2: “The economic impact of the Fed’s moves is likely to be modest, the forecasters said. They estimate growth in GDP will rise by 0.2 percentage points …
Here is an update on various indicators that are supposed to predict and/or depict economic activity. These indicators have been discussed in previous blog posts: The October Chicago Fed National Activity Index (CFNAI)(pdf) updated as of October 25, 2010: – The Consumer Metrics Institute Contraction Watch: – The USA TODAY/IHS Global Insight Economic Outlook Index: …
On October 1, I wrote a post about the Business Roundtable’s CEO Economic Outlook Survey and the Duke/CFO Magazine Global Business Outlook Survey. Subsequent to that post, the Conference Board released its 3rd Quarter CEO Confidence Survey. The overall measure of CEO Confidence was at 50, down from 62 in the second quarter. There are …
The October Wall Street Journal Economic Forecast Survey was published October 15, 2010. Most of the survey dealt with how the economists view the impact of further Quantitative Easing (QE). I found a few items of interest in the survey. Perhaps the most interesting facet was the statement, “Though economists don’t expect robust growth, they …