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2011 Q4 Review & Outlook: US Economy

Potential sources of an upside surprise include increased U.S. oil production, a sharper rebound in auto production and aircraft production (Boeing), and a stronger housing market.

Robert Johnson, CFA 14 February, 2012 | 0:00

After smoothing out bumpy GDP results, the economy is probably growing at about 2%.

Potential sources of an upside surprise include increased U.S. oil production, a sharper rebound in auto production and aircraft production (Boeing), and a stronger housing market.

Though corporations continue to remain cautious, consumers have continued to spend.

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About Author

Robert Johnson, CFA  Robert Johnson, CFA, is director of economic analysis with Morningstar.

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