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Below is a summary of Econosystems' latest economic forecast for the United States:
| United
States Real Gross Domestic Product by Expenditure Type |
| Percent
Change from Prior Year - Historical and Econosystems Forecast |
| |
Personal
Consumption Expenditures |
Nonresidential Structures |
Nonresidential Equipment and Software |
Residential Investment |
Government
Consumption Expenditures & Gross Investment, |
Exports |
Imports |
Real
Gross Domestic Product |
| |
%
change |
| 2007 |
2.3 |
14.1 |
3.3 |
-18.7 |
1.3 |
9.3 |
2.4 |
1.9 |
| 2008 |
-0.6 |
6.4 |
-4.3 |
-23.9 |
2.6 |
6.1 |
-2.7 |
-0.3 |
| 2009 |
-1.9 |
-21.2 |
-16 |
-22.2 |
1.7 |
-9.4 |
-13.6 |
-3.5 |
| 2010 |
1.8 |
-15.6 |
8.9 |
-3.7 |
0.6 |
11.1 |
12.5 |
2.4 |
| 2011 |
2.5 |
2.7 |
11.0 |
-1.4 |
-3.1 |
6.7 |
4.8 |
1.8 |
| 2012-f |
2.0 |
7.5 |
5.9 |
14.4 |
-1.9 |
5.2 |
3.0 |
1.8 |
| 2013-f |
3.1 |
10.8 |
9.0 |
12.0 |
-1.5 |
8.3 |
4.3 |
3.7 |
| Selected
Economic Indicators, Historical and Econosystems Forecast |
| |
US
$ per Euro |
Value
of the US$, FRB Broad Index* |
Consumer
Price Index, annual average |
Industrial
Production |
Housing
Starts |
Civilian
Unemployment Rate |
Oil
Prices, West Texas Intermediate Dec. avg. |
| |
Dec.
average |
%
change from prior yr. |
Millions |
Percent |
$
per barrel |
| 2007 |
1.46 |
99.5 |
2.9 |
2.6 |
1.36 |
4.6 |
91.73 |
| 2008 |
1.35 |
108.5 |
3.8 |
-3.5 |
0.91 |
5.8 |
41.02 |
| 2009 |
1.46 |
101.1 |
-0.3 |
-11.4 |
0.55 |
9.3 |
74.30 |
| 2010 |
1.32 |
99.8 |
1.6 |
5.4 |
0.59 |
9.6 |
89.04 |
| 2011 |
1.32 |
100.5 |
3.1 |
4.1 |
0.61 |
9.0 |
98.57 |
| 2012-f |
1.27 |
100.2 |
2.1 |
4.0 |
0.78 |
8.0 |
108.00 |
| 2013-f |
1.30 |
99.0 |
2.8 |
5.1 |
0.98 |
7.2 |
97.25 |
| *January
1997=100. A weighted average of the foreign exchange value of the U.S.
dollar against the currencies of a broad group of major U.S. trading
partners. For a list of the 26 countries included in the broad
index see table 3 of "Indexes of the Foreign Exchange Value of the
Dollar,"
http://www.federalreserve.gov/pubs/bulletin/2005/winter05_index.pdf |
PDF Download: International Economic and Market Trends – April 2012
| Please contact Anne Wenzel at 1-650-233-9613 if you need
a customized outlook & analysis written. |
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For more insights on the economy, markets and life as an entrepreneur, visit Anne Wenzel’s “Reflections of an Economist” blog.
What's Up, What's Not, in 2011?
(.ppt Download)
Previous economic outlook presentations can be viewed in our archives.
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