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Economics
StraightTalk®
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10 issues a year for $395 |
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December 2008
2009 Outlook for the United States, Euro Area, and China
The final issue for 2008 focuses on the economic troubles and the potential for recovery in three major geographies of the world economy: the United States, the Euro Area, and China. While we are forecasting a modest recovery in the United States (but not Europe) from the deeper-than-anticipated recession by mid-2009 and we expect domestic markets in China and the emerging economies to hold up reasonably well, there are downside risks that, while they can be avoided, need to be recognized.
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StraightTalk is a monthly publication from the Chief Economist of The Conference Board. It provides economic research, objective analysis, and forecasts to help new economy business executives assess economic conditions impacting their markets.
Download a sample issue (828 KB).
Updated: December 15, 2008
2008 |
2009 |
2008 |
2009 |
2010 |
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III Q* |
IV Q |
I Q |
II Q |
III Q |
IV Q |
Annual |
Annual |
Annual |
|
Real GDP |
-0.5 |
-4.4 |
-4.2 |
-0.7 |
2.2 |
2.4 |
1.2 |
-1.5 |
3.0 |
CPI Inflation |
6.7 |
-9.0 |
-3.9 |
-1.7 |
2.2 |
2.6 |
3.8 |
-1.5 |
2.4 |
Real Consumer Spending |
-3.7 |
-4.6 |
-1.5 |
-0.7 |
1.6 |
1.9 |
0.2 |
-1.5 |
2.0 |
Unemployment Rate (%) |
6.0 |
6.7 |
7.4 |
8.0 |
8.3 |
8.3 |
5.7 |
8.0 |
8.0 |
90 Day T-Bills (%) |
1.51 |
0.33 |
0.10 |
0.26 |
0.46 |
0.80 |
1.40 |
0.40 |
1.69 |
10 Yr Treas Bonds (%) |
3.86 |
3.43 |
2.95 |
3.10 |
3.28 |
3.47 |
3.71 |
3.20 |
3.79 |
* Actual data
CEO / C-Suite
Economic Indicators
