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Current ForecastView the current forecast from J.W. Coons Advisors, LLC (PDF): After expanding 5.9% in the fourth quarter of 2009, real GDP is projected to have increased by approximately 3% in the first half of 2010 before slowing in the second half. The 2007-09 recession ended in the May-July period, and growth is projected to remain solid for a few quarters before weakening to a below trend rate perhaps as soon as the second half of 2010. A key factor behind the expected slowdown is the deleveraging of household balance sheets. To download the Adobe Acrobat reader, go here.
The Economic Monitor is published by J. W. Coons Advisors, LLC. Information herein is based on sources that are believed to be reliable, but the accuracy of data and conclusions is not guaranteed. The views expressed in this report are subject to change without notice, and are not offers or solicitations with regard to the purchase or sale of securities. Contact Jim Coons at (614) 459-4001 or jcoons@coonsadvisors.com. ©2007
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