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1 The National Association of Business Economists (NABE) median forecast is 2.6 percent (’08) and 2.5 percent (’09) net of inflation, which is forecast at 3.0 percent, compounded annually, for the “nominal” total growth rate.
2 Sub-prime mortgages in default represent less than 2.5 percent of all residential mortgages. Fuel costs, as a percent of personal disposable income, is lower than in 1995.
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- People:
- Jack Welch
- Places:
- United States
E
Vincent Mallardi
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Vincent Mallardi, C.M.C., is a the chairman of the Printing Brokerage/Buyers Association International (PBBA) and is a Certified Management Consultant in the paper, printing and converting industries. He is also an adjunct professor in economics. Contact him via email at vince@pbba.org
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