Economic Outlook Symposium: Summary of 2011 Results and 2012 Forecasts
William A. Strauss, Norman Wang
According to participants in the Chicago Fed’s annual Economic Outlook Symposium, the U.S. economy is forecasted to grow at a pace below its historical average in 2012, following a year with an even slower rate of growth; inflation is expected to ease in 2012; and the unemployment rate is predicted to edge down this year.
