Tag Archives: intellectual capital

Anderson Forecast: U.S. Economy stalled, Employment ‘Horrible,’ but No New Recession

In its third quarterly report of 2011, the UCLA Anderson Forecast says the outlook for the nation’s economy is “far worse” than it was just three months ago.

Considering the weak, revised data for the first half of the year, the forecast calls for average gross domestic product growth of just 0.9 percent on average for the five quarters — this year’s four and the first quarter of 2012.

However, Forecast economists remain steadfast in their assertion that the U.S. is not currently in a recession, nor is there a recession in the forecast through 2013. (more…)

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