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About the FedFed Watching IndicatorsFed Statistics Key Fed Facts

Fed Watching Indicators
Alternative Inflation Meausures
Gold Prices
Employment Cost Index
Civilian Unemployment Rate
Pool of Available Labor
Non Farm Productivity
Treasury Yields
Stock Prices
Humphrey-Hawkins Actions


Pool of Available Labor

Economic Projections for 2000
  Governors and Bank Presidents
Indicator 1999 Actual Range Central Tendency
(Change, 4th quarter to 4th quarter)
Nominal GDP 5.9% 5 - 6% 5 1/4 - 5 1/2%
Real GDP 4.2% 3 1/4 - 4 1/4% 3 1/2 - 3 3/4%
PCE chain-type price index 2.0% 1 1/2 - 2 1/2% 1 3/4 - 2%
(Average Level, 4th quarter)
Civilian unemployment rate 4.1 4 - 4 1/4% 4 - 4 1/4%



Ranges for growth of monetary and debt aggregates
Aggregate 1998 1999 2000
M2 1 - 5 1 - 5 1 - 5
M3 2 - 6 2 - 6 2 - 6
Debt 3 - 7 3 - 7 3 - 7
Change from average for 4th quarter of preceding year to average for fourth quarter of year indicated.




Alternative Inflation Measures   •   Gold Prices   •   Employment Cost Index   •   Civilian Unemployment Rate

Pool of Available Labor   •   Nonfarm Productivity   •   Treasury Yields   •   Stock Prices   •   Humphrey-Hawkins Actions

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