FedViews -- July 9, 2009.

UNITED States economy, 2009-2017; ECONOMIC forecasting; FINANCIAL market reaction; BANKING industry; FINANCIAL services industry; LABOR market; PRICE inflation

In this article the author discusses the economic condition and outlook for the U.S. for 2009. She mentions the improvement in the financial markets and the tighter credit availability of banks and other financial institutions. However, she notes the weakness in the labor markets which would potentially lead to foreclosures and pose risks to the recovery of housing. She also mentions the concerns about inflation and its risks as the economy recovers and stabilizes.