Saturday, December 16, 2006

More Forecasts for 2007

From the WSJ economic forecasting survey in November, these are the average forecasts of 56 economists surveyed:

1. First half of 2007 real GDP growth: 2.5%
2. Second half of 2007 real GDP growth: 2.8%
3. CPI Inflation for May 2007: 2.1%
4. Unemployment rate for May 2007: 4.8%
5. Fed Funds rate in June 2007: 5.02%

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