On This Page February, No. 271

According to participants in the Chicago Fed’s annual Economic Outlook Symposium, solid economic growth is forecasted for the nation in 2010, following a very sharp contraction during 2008 and the first half of 2009; inflation is expected to increase in 2010; and the unemployment rate is predicted to peak early in 2010 and edge lower throughout the year.

Economic Outlook Symposium: Summary of 2009 Results and Forecasts for 2010
Last Updated: 01/13/10

The Federal Reserve Bank of Chicago held its twenty-third annual Economic
Outlook Symposium on December 4, 2009. More than 120 economists and
analysts from business, academia, and government attended the conference. This
Chicago Fed Letter reviews the forecasts from the previous Economic Outlook Symposium for 2009 and then analyzes the forecasts for 2010 and summarizes the presentations from the most recent symposium.