PMMI Outlook for 3rd Quarter

RESTON, Va.—The forecast for 2011 has improved slightly, but the outlook for 2012 remains largely unchanged, according to PMMI’s Third Quarter 2011 Economic Outlook. The report, produced for PMMI by The Institute for Trends Research, increases the outlook by +0.7 percentage points, an upward revision spurred by revised data from the U.S. Federal Reserve Board.