Chicago Fed conf. sees US GDP up 4.1 pct in 2004

The Chicago Fed's Economic Outlook Symposium forecast an economic growth rate of 4.1 percent for the US next year. Chicago Fed senior economist William Strauss said the consensus outlook among conference participants was for the unemployment rate and inflation next year to be slightly below 2003's levels.

Source: Reuters

Resurgent business activity will push 2004 U.S. economic growth to a five-year high of 4.1 percent from 3.0 percent this year, according to a forecast of participants at a Fede