A Glance At Obama's Economic Assumptions

WASHINGTON (AP) â¿¿ A glance at the economic assumptions underlying the budget President Barack Obama submitted to Congress for the fiscal year beginning Oct. 1. Gross domestic product is in trillions of dollars. 201120122013201420152016Gross domestic product15.115.716.417.218.219.2GDP % change, year to year4.04.24.35.25.55.6Inflation adjusted GDP % change1.82.32.33.23.53.6Consumer price index % change, year to year3.12.12.12.22.22.2Civilian unemployment rate8.98.17.77.26.76.2Interest rate on 91-day Treasury bills0.10.10.10.20.41.2Interest rate on 10-year Treasury notes2.81.82.02.63.13.7
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