Table 19. Forecasts of economic growth, 1999-2020

 

Average annual percentage growth

Forecast

Real GDP

Labor force

Productivity

AEO2001

     

  Low growth

2.5

0.7

1.8

  Reference

3.0

0.9

2.1

  High growth

3.5

1.2

2.3

DRI

     

  Low

2.3

0.7

1.6

  Reference

2.9

0.9

2.0

  High

3.6

1.0

2.6

WEFA

     

  Low

2.8

0.9

1.8

  Reference

3.2

1.1

2.1

  High

3.5

1.3

2.3

Note: Totals may not equal sum of components due to independent rounding.
Sources:  AEO2001: Table B20. DRI: Standard and Poor’s DRI, The U.S. Economy 25-Year Outlook, Winter 2000. WEFA: The WEFA Group, U.S. Long Term Economic Outlook, Second Quarter 2000.

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