This paper compares and contrasts the macroeconomic
forecasts prepared by different financial institutions, investment firms or other recognized forecasting groups including: Macro Dev, The Governors Economic Advisory Council (Ohio), Global Insight, the Virginia Department of
Planning and Budget, BMO Nesbit Burns, The University of Michigan Department of Economics and the Conference Group. Specifically, this
essay looks at each group's predictions for unemployment, real GDP and inflation in 2003 and 2004, while also looking at projections of housing starts and
unemployment growth from some of these indices for 2003 and 2004. This essay also discusses how the results of these national forecasts will affect operations or planning for the Saint Joseph County
Prosecutors Office in the State of Indiana, over the next two years. Because the economy can have a significant impact on crime levels in local jurisdictions, remaining aware of
future economic indicators is a key part of being able to forecast future needs for prosecutors and other court resources.
More summaries about the Crime and the Economy