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U.S. Economic Outlook 2005-06 gross domestic product AnalysisIn order to ensure competent and accurate forecasts for both 2005 and 2006, I obtained GDP instruction from a few different sources. Accessing the information without having to register at a nominal fee was a bit interesting at times, but nonetheless I found a couple of sites that altogether forecasted GDP and all of its components within a tenth of a percent of each other.The one I found easiest to follow and crumple was the TD Quarterly Economic Forecast that I accessed at their website, www.td.com/economics. According to information provided here and enclosed information from Reuters and Comerica, Real GDP ripening is expect to tail off from about 4.4% in 2004 to 3.2% by the repeal of 2006. All three of these articles identified 2004 as the best year for our delivery growth wise in the current business cycle by far. Consumer spend and business investment growth are predicted to decline moderately sharply over th e attached two years, while the housing / residential construction sector is expected to show negative growth. This, in itself whitethorn be an indication that there may be a go up trend in the property / real estate market, bringing prices go across and keeping that market honest. All of these forecasts are contributing factors to the predicted dip in both final domestic demand as well as final sales. Good news though is that export growth is expected to increase, which pass on reduce the amount of growth in imports, directly correlating to a drop in the nations unemployment rate. Increasing the number of jobs will infiltrate more money on the domestic front and eventually serve as a shot in the arm to a parched economy. All in all the U.S. economy is in sanely good shape and here to stay. Optimally, we would like to see this year and next build upon last years incredible figures and shoot consumer spending further through the roof.