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Economic Outlook: Difference between revisions
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6% Unemployment is in line with some analyst scenarios of 6-7% following the serious decline in housing activity the economy is experiencing, and even though is still a low level compare to other times in history, is the rate of change in the indicator that will determine how bad the recession will be, since the rate of change of the economy (GDP) will move according to the rate of change of the economic variables. | 6% Unemployment is in line with some analyst scenarios of 6-7% following the serious decline in housing activity the economy is experiencing, and even though is still a low level compare to other times in history, is the rate of change in the indicator that will determine how bad the recession will be, since the rate of change of the economy (GDP) will move according to the rate of change of the economic variables. | ||
== What does it mean for the markets? == | |||
== References == | == References == | ||