by Bill McBride on 12/26/2006 11:19:00 AM
Tuesday, December 26, 2006
From the USA Today: Growth or recession in 2007?
In a poll of 21 prominent economists conducted by the Securities Industry and Financial Markets Association (SIFMA), the respondents expected economic growth of a median 2.5% in 2007, down from 3.3% in 2006.So the consensus view for 2007 is just below trend growth. See the USA today article for quotes from various forecasters.
But the difference of opinion is big. In the survey by SIFMA, the estimates for gross domestic product growth ranged from 1.6% to 2.9%.
Posted by Bill McBride on 12/26/2006 11:19:00 AM