Real gross domestic product growth will slow to 2.1% this year from 2.4% last year before surging to 2.7% in 2016, according to participants in the Federal Reserve Bank of Chicago annual Automotive Outlook Symposium.
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The symposium participants see inflation, as measured by the consumer price index rising 0.7% this year and 2.2% next year.
The unemployment rate is seen dropping to 5.2% this year and 5.0% next year.
Oil prices are seen averaging $62.32 per barrel for West Texas Intermediate this year, rising to $68.55 next year.
