StraightTalk is a monthly publication from the Chief Economist of The Conference Board. It provides economic research, objective analysis, and forecasts to help new economy business executives assess economic conditions impacting their markets.
StraightTalk: March 2007
StraightTalk: March 2007
Global Economic Analysis
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Taking Stock of Current Trends
- U.S. growth will move back to about a 3 percent annual rate
- Manufacturing and housing corrections are ending
- The Fed will have an unpleasant choice between stabilizing financial markets and raising interest rates to stem inflation
- Financial turbulence will have less economic effect in the near term; it will have a greater impact in the long run
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