Research

Research Papers

Economic Outlook

Montag & Caldwell's current economic and investment outlook.

 

Research Paper Summary Date

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After real Gross Domestic Product (GDP) growth of 5.6% in the fourth quarter of 2009 followed by 2.7% in the first quarter of this year, we believe real GDP gained about 3% in the second quarter.  Looking ahead, we expect sustained but moderate growth of 2-3% in the second half of 2010 and into 2011. 

07/06/2010

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After gains of 2.2% and 5.6% respectively in the third and fourth quarters of 2009, we believe real Gross Domestic Product (GDP) increased at an annualized rate of 3-4% in the first quarter of this year.

04/06/2010

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We continue to believe the recession ended around mid-year 2009 and that a synchronized global economic recovery is under way. 

01/05/2010

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We believe the recession has ended and that a synchronized global economic recovery has begun. After declining at an annual rate of 6.4% in the first quarter of 2009 and at a more moderate rate of 0.7% in the second quarter, we believe that real Gross Domestic Product (GDP) will expand at an annual rate of 3-4% during the second half of the year.

10/05/2009

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After plunging at an annual rate of 6.3% in the fourth quarter of 2008 and 5.5% in the first quarter of 2009, the rate of decline in real Gross Domestic Product (GDP) probably moderated significantly in the second quarter. During the second quarter, final sales continued to stabilize.

07/06/2009

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The U.S. recession is now entering its seventeenth month, making it the longest in post World War II history. It also most likely will prove to be the deepest.

04/03/2009

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The National Bureau of Economic Research’s Business Cycle Dating Committee has officially declared that a recession began in December of 2007.

01/05/2009

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Following 2.8% real Gross Domestic Product Growth in the second quarter, it is unlikely that the U.S. economy showed any growth during the third quarter.

09/30/2008

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While there have been many forecasts predicting a recession, the U.S. economy has continued on a path of weak but positive real Gross Domestic Product (GDP) growth.

06/30/2008

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Following already tepid growth of 0.6% in real Gross Domestic Product (GDP) during the fourth quarter of 2007, little to slightly negative growth is expected for the first half of 2008.

03/31/2008

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