期刊名称:Federal Reserve Bank of St. Louis - Regional Economist
出版年度:2016
出版社:Federal Reserve Bank of St. Louis
摘要:U .S . economic conditions have improved since our last report in July. Paced by healthy job grow th, solid increases in house- hold consumption expenditures, further gains in the housing and commercial real estate sectors, and continued low inflation, there is a high probability that real gross domestic prod- uct (GDP) g rowth in the third quarter w ill be much st ronger than its average over the first half of this year. Indeed, professional forecast- ers see solid growth, low inflation and healt hy labor markets carr ying into t he fourt h quarter of 2016 and the first half of 2017. But, as wit h any forward-looking v iew of the economy, one must attempt to determine—as much as possible—whet her the evolving data suggest eit her stronger or weaker outcomes t han the forecast consensus