Investing

Economic Outlook 2007 : Diane Swonk of Mesirow Financial releases December issue of Themes on the Economy

OutlookIn her December newsletter, Swonk provides her forecast for economic growth in 2007 and outlook for financial markets.

  • Consumer spending is expected to hold
  • Declines in residential investment are expected to dissipate
  • Dollar is expected to stabilize
  • Fed is expected to remain on hold
  • Government spending is forecast to rise
  • Inventories are expected to stabilize
  • Long-term bond yields are expected to rise slightly
  • Profit growth is forecast to drop
  • Trade deficit is expected to improve

"Businesses continue to be conservative in their investment outlays. The result is pent-up demand and a need to catch up. This could result in stronger-than-expected business investment," said Swonk.

December 8, 2006 - FeedSee