Nothing lasts forever, and some recent economic reports suggest the U.S. economy's tumble may be nearing an end. Although GDP contracted 6.3% in the fourth quarter and 5.5% in the first quarter, some analysts think it will resume growing later this year. Treasury & Risk asked economists John Lonski of Moody's Investors Service, David Levy of the Jerome Levy Forecasting Center, and Milton Ezrati of Lord Abbett to discuss some of the key factors in the
outlook for U.S. growth. Inflation warnings will prove unwarranted as high unemployment and weak pay raises are expected to continue for several years, writes Levy. Ezrati sees encouraging signs in the residential housing market signaling the beginning of a modest recovery, while Lonski predicts more tough sledding for consumers but a mildly better corporate credit outlook.
Weak Labor Market Caps Prices
By David Levy
Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.
Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
- Exclusive discounts on ALM and Treasury & Risk events.
- Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.
*May exclude premium content
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
