Table 2–2. COMPARISON OF ECONOMIC ASSUMPTIONS (Calendar years) Projections 2002 Real GDP (billions of 1996 dollars): CBO January Blue Chip Consensus January (2) 2003 Budget Real GDP (chain-weighted): (1) CBO January Blue Chip Consensus January (2) 2003 Budget Chain-weighted GDP Price Index: (1) CBO January Blue Chip Consensus January (2) 2003 Budget Consumer Price Index (all-urban): (1) CBO January Blue Chip Consensus January (2) 2003 Budget Unemployment rate: (3) CBO January Blue Chip Consensus January (2) 2003 Budget Interest rates: (3) 91-day Treasury bills: CBO January Blue Chip Consensus January (2) 2003 Budget 10-year Treasury notes: (3) CBO January Blue Chip Consensus January (2) 2003 Budget (1) Year over year percent change. (2) January 2002 Blue Chip Consensus forecast for 2002 and 2003; Blue Chip October 2001 long run extension for 2004–2012. (3) Annual averages, percent. 5.0 5.1 5.1 5.4 5.6 5.1 5.8 5.7 5.1 5.8 5.7 5.1 5.8 5.7 5.2 5.8 5.8 5.2 5.8 5.8 5.2 5.8 5.8 5.2 5.8 5.8 5.3 5.8 5.8 5.3 5.8 5.8 5.3 5.7 5.7 5.2 2.2 2.1 2.2 4.5 3.4 3.5 4.9 4.5 4.0 4.9 4.7 4.3 4.9 4.8 4.3 4.9 4.8 4.3 4.9 4.7 4.3 4.9 4.7 4.3 4.9 4.7 4.3 4.9 4.7 4.3 4.9 4.7 4.3 4.6 4.3 4.0 6.1 6.1 5.9 5.9 5.7 5.5 5.4 4.9 5.2 5.2 4.9 5.0 5.2 4.8 4.9 5.2 4.9 4.9 5.2 4.9 4.9 5.2 4.9 4.9 5.2 4.9 4.9 5.2 4.9 4.9 5.2 4.9 4.9 5.4 5.1 5.1 1.8 1.7 1.8 2.5 2.4 2.2 2.5 2.6 2.3 2.5 2.7 2.4 2.5 2.7 2.4 2.5 2.7 2.4 2.5 2.6 2.4 2.5 2.6 2.4 2.5 2.6 2.3 2.5 2.6 2.3 2.5 2.6 2.3 2.4 2.5 2.3 1.4 1.6 2.0 2.0 1.9 1.8 2.0 2.1 1.7 2.0 2.1 1.8 2.0 2.2 1.9 2.0 2.2 1.9 2.0 2.2 1.9 2.0 2.2 1.9 2.0 2.2 1.9 2.0 2.2 1.9 2.0 2.2 1.9 1.9 2.1 1.9 0.8 1.0 0.7 4.1 3.4 3.8 3.7 3.4 3.7 3.2 3.3 3.6 3.2 3.2 3.2 3.2 3.1 3.1 3.1 3.2 3.1 3.1 3.2 3.1 3.1 3.2 3.1 3.1 3.2 3.1 3.0 3.2 3.1 3.1 3.1 3.1 9,398 9,410 9,382 9,782 9,742 9,739 10,146 10,069 10,101 10,471 10,401 10,462 10,804 10,738 10,802 11,145 11,075 11,136 11,493 11,425 11,482 11,850 11,791 11,838 12,216 12,168 12,204 12,590 12,557 12,583 12,972 12,959 12,973 ...... ...... ...... 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 Average, 2002–12
Sources: Congressional Budget Office; Blue Chip Economic Indicators , Aspen Publishers, Inc.