We think this is good news: Economy 'solid' this year, before strengthening 'somewhat'
Monday, July 08, 2013 10:44 AM
According to participants in the Federal Reserve Bank of Chicago's annual Automotive Outlook Symposium, the nation's economic growth should be solid this year and strengthen somewhat in 2014. Inflation is expected to remain flat in 2013 and 2014, and the unemployment rate is anticipated to move lower but remain high by historical standards through the end of 2014. Light vehicle sales are predicted to improve in 2013 and 2014.Click here to read a summary of predictions by economists and business leaders at the symposium.