America's Economic Future – A Discussion By Ted Kavadas
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, …
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 …
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 …
On October 7 The Wall Street Journal had a story titled “Debt Crisis Dims IMF Outlook.” A couple of excerpts from the story: “All told, the IMF predicted the world economy will expand 4.8% in 2010 and 4.2% in 2011.” and: “The risks for economies to backslide are still high amid the fragile economic recovery, …
On September 28 the Business Roundtable’s CEO Economic Outlook Survey was released for Q3. The Duke/CFO Magazine Global Business Outlook Survey was released on September 15. Both surveys are well worth looking at, and in general highlight a weakening outlook among executives. In the CEO survey, of particular interest is the CEO Economic Outlook Index, …
I found a few items of interest in the September Wall Street Journal Economic Forecast Survey. Perhaps the most interesting were the questions asked of the economists, including “Why is the U.S. recovery so disappointingly slow?” Also, similar to recent surveys in which this double-dip question has been asked, the survey said “The economists on …
I found a few items of interest in the August Wall Street Journal Economic Forecast Survey. Perhaps the most interesting (and perhaps provocative item) was the following: “”It is irresponsible nonsense to claim that tax cuts ‘pay for themselves,’ ” said Nicholas Perna of Perna Associates.” As well, there a variety of interesting questions asked …