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TABLE-White House economic forecasts @ 5/23/2017 6:37:23 AM

(Calendar years; figures for GDP, GDP price index and CPI are year-over-year percent changes; unemployment and interest rate forecasts are annual averages).

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Following are White House economic forecasts from the Trump administration's fiscal 2018 budget proposals released on Monday.

(Calendar years; figures for GDP, GDP price index and CPI are year-over-year percent changes; unemployment and interest rate forecasts are annual averages).

2016 2017 2018 2019 2020 2021 2022 REAL GDP GROWTH 1.6 2.3 2.4 2.7 2.9 3.0 3.0 GDP PRICE INDEX 1.3 1.9 2.0 2.0 2.0 2.0 2.0 CPI 1.3 2.6 2.3 2.3 2.3 2.3 2.3 JOBLESS RATE 4.9 4.6 4.4 4.6 4.7 4.8 4.8 3-MO T-BILL RATE 0.3 0.8 1.5 2.1 2.6 2.9 3.0 10-YR TSY NOTE 1.8 2.7 3.3 3.4 3.8 3.8 3.8 Note: 2016 figures are actual For comparison, Congressional Budget Office forecasts released Jan. 24, 2017:

Economic projections:

2017 2018 2019-2020 2021-2027 REAL GDP 2.3 2.0 1.6 1.9 GDP PRICE INDEX 1.9 1.9 1.9 2.0 PCE PRICE INDEX 1.9 2.0 2.0 2.0 CORE PCE 1.8 1.9 2.0 2.0 JOBLESS RATE 4.6 4.4 4.7 4.9 3-MO T-BILL RATE 0.7 1.1 2.0 2.8 10-YR TSY NOTE 2.3 2.5 3.0 3.6 Note: Real GDP, and GDP, PCE and Core PCE price indexes are year-over-year percent changes; the jobless rate and interest rate forecasts are annual averages. All figures are percent changes.

 

(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)

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