United States Official Forecasts of Group-of-Seven Economic Performance, 1976-1990

The World Economic Outlook (WEO) forecasts evaluated in this article are the last predictions of both economic growth and inflation for the next year made during the previous year. The Blue Chip and DRI forecasts for the United States and Canadian economies selected for comparison to the Administration forecasts were those published during the same months as the Administration forecasts. The DRI forecasts begin with those for 1976 and run through 1990. A complete set of DRI forecasts for all of the G-7 countries is available for each year since 1983. The OECD projections are those published in December for the next year, beginning with the outlook for 1976. The Federal Reserve forecasts are those associated with the last Greenbook issued in a given calendar year, usually December.