Economic Outlook September 2016 Economic Policy Division

U.S. Real GDP and GDI

U.S. GDP Actual and Potential Quarterly, Q1 1980 to Q4 2017 Trillion $2009 Forecast

Labor Productivity

Economic Outlook September 2016 Economic Policy Division

U.S. GDP: Estimates of Potential (Real $2013 dollars)

Real GDP Outlook

Personal Consumption Outlook Real Personal Consumption Expenditures

Net National Saving Net National Saving Components of Saving

Real Nonresidential Investment

Industrial Production Investment Drivers Industrial Production Capacity Utilization

Monthly Leasing and Finance Index Total Rail Carloadings Sector Indicators ATA Truck Tonnage Index Boxboard Production Monthly Leasing and Finance Index Total Rail Carloadings

Domestic Bank Lending

U.S. Trade Real Net Exports of Goods and Services U.S. Nominal Trade Weighted Exchange Rate

Unemployment Rate August: 4.9% Initial Unemployment Claims Labor Market Household Employment Total Nonfarm Jobs Unemployment Rate August: 4.9% Initial Unemployment Claims

Part-time for Economic Reasons Civilian Participation Rate Labor Market Part-time for Economic Reasons Discouraged Workers Duration of Unemployment Civilian Participation Rate

Employment-Population Ratio Percent

Bank Assets and Liabilities Fed Policy Bank Assets and Liabilities

CBO’s Baseline Deficit (August 2016) Budget Deficit Deficit to GDP

Government Baseline Outside Debt (August 2016) Debt Debt to GDP

Government Revenues and Outlays (Percent of GDP) Source: CBO Baseline (August 2016)

Government Outlays Discretionary Entitlements Net Interest Source: CBO Baseline (August 2016) Discretionary Entitlements Net Interest

Mandatory Spending as a Share of Total Revenues Source: CBO Baseline (August 2016) Mandatory Spending (Entitlements + Net Interest)