U.S. Economic Projections from T. Rowe Price

T. Rowe Price recently released their U.S. economic projections. They believe that recent developments support their judgment that the two quarters from October 2008 through March 2009 will prove to be the recession’s most intense phase. Moving into the spring quarter, policy stimulus should begin to gain greater traction, and the weight of inventory correction on manufacturing production and employment should begin to ease. Please click here for a copy of their report.