|
The U.S. Economic Forecast
Updated: June 9, 2010
Percentage change, seasonally adjusted annual rates (except where noted)
|
|
2010 |
|
2011 |
2009 |
2010 |
2011 |
|
I Q* |
II Q |
III Q |
IV Q |
I Q |
II Q |
Annual |
Annual |
Annual |
Real GDP |
3.0
|
3.2
|
2.1
|
1.4
|
1.3
|
2.0
|
-2.4
|
3.0
|
1.9
|
Real Consumer Spending |
3.5
|
3.5
|
2.6
|
1.7
|
1.5
|
2.0
|
-0.6 |
2.5
|
2.0
|
Housing Starts mil. Units |
0.62
|
0.64
|
0.66
|
0.67
|
0.68
|
0.69
|
0.55
|
0.65 |
0.74 |
Real Capital Spending |
3.1
|
9.6
|
7.4
|
-0.6
|
1.5
|
4.3
|
-17.8
|
3.0 |
3.9
|
Net Exports Bil. '00$ |
-368.3
|
-383.6
|
-405.4
|
-398.1
|
-402.2
|
-407.7
|
-355.6
|
-388.9
|
-408.9
|
* Actual Value
Global Economic Outlook
The Conference Board Global Economic Outlook 2010 projects output growth for major regions of the world economy and the world as a whole for 2009, 2010, and 2011-2016, and takes into account macroeconomic as well as business dynamics such as changes in consumer and labor markets and relative costs. It is built via a wide range of instruments including The Conference Board Total Economy Database for 100-plus countries, Leading Economic Indexes for 10 countries/regions, and exclusive input about the business environment captured from The Conference Board member companies’ executives.
Published annually in the November issue of StraightTalk®, the Outlook is updated regularly online.
|
|
2000-2008 |
2009 |
2010 |
2011-2016 |
|
Distribution of world output 2008 |
GDP growth (based on TED) |
Contribution to world GDP growth |
Projected GDP growth |
Contribution to world GDP growth |
Projected GDP growth |
Contribution to world GDP growth |
Projected GDP growth |
Contribution to world GDP growth |
US |
17.9% |
2.2 |
0.5 |
-2.4 |
-0.4 |
2.0 |
0.3 |
2.0 |
0.3 |
EU-15 |
17.6% |
1.9 |
0.4 |
-4.1 |
-0.7 |
0.6 |
0.1 |
1.0 |
0.1 |
Japan |
5.2% |
1.3 |
0.1 |
-5.4 |
-0.3 |
1.5 |
0.1 |
0.5 |
0.0 |
Other |
7.4% |
3.5 |
0.3 |
-2.4 |
-0.2 |
2.1 |
0.1 |
1.9 |
0.1 |
Advanced Economies |
48.1% |
2.1 |
1.2 |
-3.3 |
-1.6 |
1.5 |
0.7 |
1.5 |
0.6 |
| |
|
|
China |
14.2% |
11.5 |
1.3 |
8.0 |
1.2 |
8.5 |
1.3 |
7.5 |
1.2 |
India |
5.0% |
7.5 |
0.3 |
6.0 |
0.3 |
7.0 |
0.4 |
8.0 |
0.5 |
Other developing Asia |
5.7% |
5.5 |
0.3 |
3.0 |
0.2 |
6.5 |
0.4 |
7.0 |
0.5 |
Latin America |
8.1% |
4.1 |
0.3 |
-0.5 |
0.0 |
2.5 |
0.2 |
4.0 |
0.4 |
Middle East |
6.2% |
5.3 |
0.2 |
3.0 |
0.2 |
3.7 |
0.2 |
4.0 |
0.3 |
Africa |
3.0% |
5.6 |
0.1 |
3.0 |
0.1 |
4.1 |
0.1 |
5.0 |
0.2 |
Central &
Eastern Europe |
3.0% |
4.8 |
0.1 |
-3.5 |
-0.1 |
2.0 |
0.1 |
4.0 |
0.1 |
Russia and other CIS |
6.7% |
7.0 |
0.3 |
-3.6 |
-0.2 |
2.0 |
0.1 |
4.6 |
0.4 |
Emerging Market and Developing Economies |
51.9% |
7.2 |
3.1 |
2.9 |
1.5 |
5.2 |
2.9 |
5.8 |
3.6 |
| |
|
|
World |
100% |
4.3 |
|
0.0 |
|
3.5 |
|
4.2 |
|
|
CEO / C-Suite
Economic Indicators
Bart van Ark talks to Rzeczpospolita about the Economic Outlook for Europe
