July 21, 2010: Part 1 | Part 2 | Part 3 | Part 4 | Abbreviations | Printable Version (969 KB PDF) |
Accessible versions of figures in Part 4
Table data presented with the Monetary Policy Report submitted to the Congress on July 21, 2010, pursuant to section 2B of the Federal Reserve Act
Figure 1. Central tendencies and ranges of economic projections, 2010-12 and over the longer run
Central tendencies and ranges of economic projections for years 2010 through 2012 and over the longer run. Actual values for years 2005 through 2009. The data for the actual values of the variables are annual. Definitions of variables are in the notes to table 1.
Change in real GDP
Percent
2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | Longer Run | |
---|---|---|---|---|---|---|---|---|---|
Actual | 2.7 | 2.4 | 2.5 | -1.9 | 0.1 | - | - | - | - |
Upper End of Range | - | - | - | - | - | 3.8 | 4.5 | 5.0 | 3.0 |
Upper End of Central Tendency | - | - | - | - | - | 3.5 | 4.2 | 4.5 | 2.8 |
Lower End of Central Tendency | - | - | - | - | - | 3.0 | 3.5 | 3.5 | 2.5 |
Lower End of Range | - | - | - | - | - | 2.9 | 2.9 | 2.8 | 2.4 |
Unemployment rate
Percent
2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | Longer Run | |
---|---|---|---|---|---|---|---|---|---|
Actual | 5.0 | 4.5 | 4.8 | 6.9 | 10.0 | - | - | - | - |
Upper End of Range | - | - | - | - | - | 9.9 | 8.9 | 7.9 | 6.3 |
Upper End of Central Tendency | - | - | - | - | - | 9.5 | 8.7 | 7.5 | 5.3 |
Lower End of Central Tendency | - | - | - | - | - | 9.2 | 8.3 | 7.1 | 5.0 |
Lower End of Range | - | - | - | - | - | 9.0 | 7.6 | 6.8 | 5.0 |
PCE inflation
Percent
2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | Longer Run | |
---|---|---|---|---|---|---|---|---|---|
Actual | 3.3 | 1.9 | 3.6 | 1.7 | 1.2 | - | - | - | - |
Upper End of Range | - | - | - | - | - | 1.8 | 2.4 | 2.2 | 2.0 |
Upper End of Central Tendency | - | - | - | - | - | 1.1 | 1.6 | 1.7 | 2.0 |
Lower End of Central Tendency | - | - | - | - | - | 1.0 | 1.1 | 1.0 | 1.7 |
Lower End of Range | - | - | - | - | - | 0.9 | 0.8 | 0.5 | 1.5 |
Core PCE inflation
Percent
2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | |
---|---|---|---|---|---|---|---|---|
Actual | 2.3 | 2.3 | 2.5 | 2.0 | 1.5 | - | - | - |
Upper End of Range | - | - | - | - | - | 1.5 | 2.4 | 2.2 |
Upper End of Central Tendency | - | - | - | - | - | 1.0 | 1.3 | 1.5 |
Lower End of Central Tendency | - | - | - | - | - | 0.8 | 0.9 | 1.0 |
Lower End of Range | - | - | - | - | - | 0.7 | 0.6 | 0.4 |
Figure 2.A. Distribution of participants' projections for the change in real GDP, 2010-12 and over the longer run
Histograms, four panels. Definitions of variables are in the general note to table 1.
Number of Participants
Percent range | 2010 | 2011 | 2012 | Longer Run | ||||
---|---|---|---|---|---|---|---|---|
June projections |
April projections |
June projections |
April projections |
June projections |
April projections |
June projections |
April projections |
|
2.4 - 2.5 | 0 | 0 | 0 | 0 | 0 | 0 | 10 | 8 |
2.6 - 2.7 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | 3 |
2.8 - 2.9 | 1 | 0 | 1 | 0 | 1 | 1 | 5 | 5 |
3.0 - 3.1 | 4 | 1 | 2 | 1 | 1 | 1 | 1 | 1 |
3.2 - 3.3 | 4 | 4 | 0 | 1 | 1 | 1 | 0 | 0 |
3.4 - 3.5 | 6 | 2 | 2 | 2 | 2 | 2 | 0 | 0 |
3.6 - 3.7 | 1 | 7 | 2 | 0 | 0 | 0 | 0 | 0 |
3.8 - 3.9 | 1 | 1 | 2 | 1 | 1 | 0 | 0 | 0 |
4.0 - 4.1 | 0 | 1 | 4 | 1 | 2 | 3 | 0 | 0 |
4.2 - 4.3 | 0 | 0 | 2 | 4 | 1 | 1 | 0 | 0 |
4.4 - 4.5 | 0 | 0 | 2 | 6 | 5 | 5 | 0 | 0 |
4.6 - 4.7 | 0 | 0 | 0 | 1 | 1 | 1 | 0 | 0 |
4.8 - 4.9 | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 0 |
5.0 - 5.1 | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 0 |
Figure 2.B. Distribution of participants' projections for the unemployment rate, 2010-12 and over the longer run
Histograms, four panels. Definitions of variables are in the general note to table 1.
Number of Participants
Percent range | 2010 | 2011 | 2012 | Longer Run | ||||
---|---|---|---|---|---|---|---|---|
June projections |
April projections |
June projections |
April projections |
June projections |
April projections |
June projections |
April projections |
|
5.0 - 5.1 | 0 | 0 | 0 | 0 | 0 | 0 | 9 | 10 |
5.2 - 5.3 | 0 | 0 | 0 | 0 | 0 | 0 | 5 | 5 |
5.4 - 5.5 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 |
5.6 - 5.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
5.8 - 5.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
6.0 - 6.1 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
6.2 - 6.3 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
6.4 - 6.5 | 0 | 0 | 0 | 0 | 0 | 2 | 0 | 0 |
6.6 - 6.7 | 0 | 0 | 0 | 0 | 0 | 3 | 0 | 0 |
6.8 - 6.9 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 |
7.0 - 7.1 | 0 | 0 | 0 | 0 | 6 | 5 | 0 | 0 |
7.2 - 7.3 | 0 | 0 | 0 | 1 | 5 | 3 | 0 | 0 |
7.4 - 7.5 | 0 | 0 | 0 | 0 | 3 | 2 | 0 | 0 |
7.6 - 7.7 | 0 | 0 | 1 | 0 | 0 | 2 | 0 | 0 |
7.8 - 7.9 | 0 | 0 | 0 | 0 | 2 | 0 | 0 | 0 |
8.0 - 8.1 | 0 | 0 | 0 | 3 | 0 | 0 | 0 | 0 |
8.2 - 8.3 | 0 | 0 | 3 | 7 | 0 | 0 | 0 | 0 |
8.4 - 8.5 | 0 | 0 | 6 | 5 | 0 | 0 | 0 | 0 |
8.6 - 8.7 | 0 | 1 | 6 | 1 | 0 | 0 | 0 | 0 |
8.8 - 8.9 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 |
9.0 - 9.1 | 1 | 3 | 0 | 0 | 0 | 0 | 0 | 0 |
9.2 - 9.3 | 5 | 8 | 0 | 0 | 0 | 0 | 0 | 0 |
9.4 - 9.5 | 8 | 4 | 0 | 0 | 0 | 0 | 0 | 0 |
9.6 - 9.7 | 2 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
9.8 - 9.9 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Figure 2.C. Distribution of participants' projections for PCE inflation, 2010-12 and over the longer run
Histograms, four panels. Definitions of variables are in the general note to table 1.
Number of Participants
Percent range | 2010 | 2011 | 2012 | Longer Run | ||||
---|---|---|---|---|---|---|---|---|
June projections |
April projections |
June projections |
April projections |
June projections |
April projections |
June projections |
April projections |
|
0.5 - 0.6 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 |
0.7 - 0.8 | 0 | 0 | 1 | 0 | 0 | 1 | 0 | 0 |
0.9 - 1.0 | 9 | 0 | 2 | 3 | 3 | 1 | 0 | 0 |
1.1 - 1.2 | 6 | 5 | 2 | 1 | 0 | 2 | 0 | 0 |
1.3 - 1.4 | 0 | 7 | 7 | 3 | 2 | 1 | 0 | 0 |
1.5 - 1.6 | 1 | 3 | 2 | 4 | 7 | 6 | 3 | 3 |
1.7 - 1.8 | 1 | 1 | 0 | 2 | 2 | 1 | 3 | 2 |
1.9 - 2.0 | 0 | 1 | 1 | 2 | 1 | 3 | 11 | 12 |
2.1 - 2.2 | 0 | 0 | 0 | 1 | 1 | 2 | 0 | 0 |
2.3 - 2.4 | 0 | 0 | 2 | 1 | 0 | 0 | 0 | 0 |
Figure 2.D. Distribution of participants' projections for core PCE inflation, 2010-12
Histograms, three panels. Definitions of variables are in the general note to table 1.
Number of Participants
Percent range | 2010 | 2011 | 2012 | |||
---|---|---|---|---|---|---|
June projections |
April projections |
June projections |
April projections |
June projections |
April projections |
|
0.3 - 0.4 | 0 | 0 | 0 | 0 | 1 | 0 |
0.5 - 0.6 | 0 | 0 | 1 | 1 | 0 | 1 |
0.7 - 0.8 | 6 | 3 | 2 | 0 | 0 | 0 |
0.9 - 1.0 | 8 | 7 | 4 | 4 | 3 | 1 |
1.1 - 1.2 | 2 | 5 | 5 | 4 | 4 | 4 |
1.3 - 1.4 | 0 | 0 | 2 | 4 | 4 | 3 |
1.5 - 1.6 | 1 | 2 | 0 | 1 | 2 | 5 |
1.7 - 1.8 | 0 | 0 | 0 | 0 | 1 | 0 |
1.9 - 2.0 | 0 | 0 | 1 | 1 | 1 | 2 |
2.1 - 2.2 | 0 | 0 | 1 | 1 | 1 | 1 |
2.3 - 2.4 | 0 | 0 | 1 | 1 | 0 | 0 |