Files containing subject Gross Domestic Product

Even forecasters on occasion hit the nail on the head. A year ago, despite concern over a sputtering U.S. economy, we said that it was "not the time to lose our good cheer." [READ MORE]

In spite of an unexpected decline in employment this spring, Blue Chip economists contend that the "odds of a (national) recession this year or next are modest." Evidence supporting this opinion includes a confident consumer, lower mortgage rates, a weak dollar (lifting exports), and strong capital spending. [READ MORE]