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

Continue Reading for Free

Register and gain access to:

  • Thought leadership on regulatory changes, economic trends, corporate success stories, and tactical solutions for treasurers, CFOs, risk managers, controllers, and other finance professionals
  • Informative weekly newsletter featuring news, analysis, real-world cas studies, and other critical content
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.