GDP outlook improving, but...

The GDP forecasting index developed by USA Today and IHS Global Insight, which has been pretty darn close to the eventual truth over the past five years, sees a gradually strengthening U.S. economy in the coming six months. But the projected pace of the recovery doesn't appear to be enough to ease our collective malaise.

Oct 10, 2011 1:28 PM

Consistent growth, but will it be enough?

It's been a while since we checked in with the USA Today/IHS Global Insight Economic Outlook Index, which foresaw last summer's near double dip. These days, the data point to predictable growth of more than 3 percent until school gets out. Note, though, that the momentum is forecast to slow heading into summer and that the consensus says 3 percent GDP growth won't put a big dent in unemployment.
Jan 19, 2011 7:09 AM

Shaking the stimulus will hurt

The latest update to the USA Today/IHS Global Insight Economic Outlook Index projects GDP growth to slow big time this spring and summer. Whereas the indicators point to growth of more than 4 percent this month, that number will have been cut almost in half by August — well below the economy's potential and nowhere near enough to push unemployment down. Should make for some feisty campaign trails.
Mar 25, 2010 7:13 AM