Economic Outlook Symposium: summary of 2004 results and forecasts for 2005

The forecasters expect more moderate economic growth during 2005, with some reduction in activity in the housing sector and a slower pace of consumer spending growth than in the past several years.Economic forecasting

Transitions: the state of the automotive industry–a summary

The United States automotive industry has been undergoing tremendous changes in recent years. Speakers at a recent Chicago Fed conference explored these changes and considered the road to the future for the auto industry.Automobile industry and trade

Economy on cruise control through 2007

According to participants in the Chicago Fed's annual Automotive Outlook Symposium, the outlook for 2006 is for the U.S. economy to expand at a rate slightly above its trend, with unemployment edging lower. Since energy prices are expected to moderate, inflation is forecasted to fall this year. Light vehicle sales are predicted to remain steady.Gross domestic product ; Economic forecasting

Economic Outlook Symposium: summary of 2006 results and forecasts for 2007

In 2007, the nation’s economic growth will soften slightly, inflation will decrease, and the unemployment rate will edge higher, according to the median forecast of the participants at the Federal Reserve Bank of Chicago’s Economic Outlook Symposium.Economic forecasting

Economy to cruise at speed limit through 2006

The U.S. economy experienced solid growth in 2004, with light-vehicle sales rising to 16.8 million units. What can we expect in 2005 and 2006? At a recent Chicago Fed symposium, auto industry experts came together to analyze the sector’s performance and discuss the outlook for next year and beyond.Economic conditions

Economic Outlook Symposium: summary of 2005 results and forecasts for 2006

The nation’s economic growth will soften slightly in 2006, inflation will decrease, and the unemployment rate will remain stable, according to the median forecast of participants at the Federal Reserve Bank of Chicago’s most recent Economic Outlook Symposium.Economic forecasting

Economy in slower traffic through 2008

According to participants in the Chicago Fed’s annual Automotive Outlook Symposium, the nation’s economic growth in 2007 is forecasted to be slower than in 2006, with inflation rising and the unemployment rate ticking up. Light vehicle sales are predicted to remain steady this year and improve slightly in 2008.Economic conditions

Economy to turn the corner in 2010

According to participants in the Chicago Fed’s annual Automotive Outlook Symposium, the nation’s economic decline is forecasted to bottom out this year; solid economic growth is expected in 2010—with inflation staying contained but the unemployment rate remaining high. Light vehicle sales are predicted to fall sharply this year and then to improve in 2010.Automobile industry and trade ; Economic conditions

Economic Outlook Symposium: summary of 2008 results and forecasts for 2009

According to participants in the Chicago Fed’s annual Economic Outlook Symposium, the nation’s economic growth in 2009 is forecasted to be very weak, with inflation moving lower and the unemployment rate higher. The housing sector is predicted to remain weak, and light vehicle sales are expected to decline further.Economic forecasting ; Economic conditions

Economic Outlook Symposium: summary of 2007 results and forecasts for 2008

According to participants in the Chicago Fed's annual Economic Outlook Symposium, the nation's economic growth in 2008 is forecasted to be roughly in line with the pace recorded over the past two years, with inflation moving lower and the unemployment rate edging higher.Economic forecasting ; Economic conditions