Our Outlook for the Economy..
Posted in the Banking Forum
#1 Dec 27, 2013
By Robert Johnson, CFA 4 hours ago
GDP growth in 2014 should continue at a 2.0%-2.5% rate, inflation at 1.5%-1.8%, and job growth at 190,000 per month. The recovery continues at a snail's pace, with income and consumption growing at half their normal recovery rate due to slower population growth and an aging demographic. The good news is real hourly wage data points to a stronger labor market...
Steady we go...Let us hope a prosperous new year for 2014!!!
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