Center for Economic Research and ForecastingGDP Archives - Page 4 of 4 - Center for Economic Research and Forecasting

The Recession Will Not Really be Over – We will see a W

By Dan Hamilton
Wednesday Sep 2, 2009

Mark Zandi declared “the recession is over” on Tuesday September 1, 2009. All of the economists at CERF would like this to be true. However, we suspect that this is not true. Mark’s declaration was based in part on the ISM manufacturing activity index data release. The economy has benefited from expenditures on vehicles in… Read more

It's working

By Bill Watkins
Thursday Aug 6, 2009

I always figured that the administration would take credit for any eventual economic recovery, but I also figured that they would wait for the recovery. Wrong. Cristina Romer, perhaps buoyed by yesterday’s GDP release and today’s job data, says that the stimulus is working.