Economic Assumptions In Obama's Budget

By The Associated Press

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

Copyright 2011 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

More from Opinion

Cable Stock Investors Should Keep an Eye On Wireless Broadband's Rise

Cable Stock Investors Should Keep an Eye On Wireless Broadband's Rise

Trump Blinks on China Trade War That's Looking Harder to Win

Trump Blinks on China Trade War That's Looking Harder to Win

Monday Madness: GE, China, and Micron

Monday Madness: GE, China, and Micron

Attention 60 Minutes: Google Isn't the Only Big-Tech Monopoly

Attention 60 Minutes: Google Isn't the Only Big-Tech Monopoly

How Technology Will Unleash the Legal Marijuana Industry's Growth Potential

How Technology Will Unleash the Legal Marijuana Industry's Growth Potential