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February 25, 2005
Forecast: Expect Moderate Growth Through 2006
The Manufacturers Alliance/MAPI projects a moderate growth trend through 2006 for the U.S. economy and expects the manufacturing sector to slightly outpace the overall economy, but the pace of growth in both sectors is likely to decelerate somewhat in relation to a strong 2004. The Manufacturers Alliance/MAPI Quarterly Economic Forecast predicts inflation-adjusted gross domestic product (GDP) growth to be 3.4 percent in 2005 and 3.3 percent in 2006, unchanged from the November 2004 forecast.
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