Consensus forecasts of financial institutions

Article Abstract:

The economy will experience very slow growth until spring 1997, with slight increases in unemployment and uptrends in disposable income and consumer spending. Inflation is forecast to remain moderate, while industrial utilization will remain at a decent level until the first six months of 1997. Short-term interest rates are seen to slip a little. Automobile sales will dip slightly. These were among the key findings of a spring 1996 survey of US financial institutions.

Surveys

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Consensus forecasts of financial institutions

Article Abstract:

The US economy will post sluggish growth in 1996 based on the latest consensus forecast. Interest rates are expected to decline significantly while a 1.7% growth in narrowly defined money supply can be expected. Moderate inflation can be expected in 1996, with the Consumer Price Index posting an increase of 3.5% and the GOP Price Deflator growing by approximately 3%. Unemployment rate will remain at 5.6% in 1996.

Statistics, Inflation (Finance), Interest rates, Employment forecasting, Inflation (Economics)

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Consensus forecasts of financial institutions

Article Abstract:

Various financial institutions forecast a below-par performance of the US economy for fiscal year 1997 due to several factors. Survey statistics indicate that the economy will grow by 2%, 1% lower than the target rate. The Consumer Price Index is expected to increase by 2.9%. Similarly, the unemployment rate is projected to rise to 5.9%. On the other hand, interest rates are projected to fall down.

Financial Corporations, Analysis, Financial institutions

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