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U.S. Economic Outlook 2005-06 GDP AnalysisIn order to ensure competent and completed forecasts for both 2005 and 2006, I obtained GDP schooling from a few different sources. Accessing the information without having to register at a nominal fee was a patch interesting at times, but nonetheless I found a couple of sites that all forecasted GDP and all of its components within a ten percent of a percent of each other.The one I found easiest to follow and analyze was the TD Quarterly Economic Forecast that I accessed at their website, www.td.com/economics. According to information provided here and enclosed information from Reuters and Comerica, Real GDP growth is pass judgment to tail off from about 4.4% in 2004 to 3.2% by the end of 2006. either three of these articles identified 2004 as the best year for our economy growth wise in the current calling cycle by far. Consumer spending and business investment growth are predicted to decline pretty sharply over the next two years, while the housing / residential construction sector is expected to show negative growth. This, in itself may be an indication that there may be a reverse trend in the property / substantial estate market, bringing prices down and keeping that market honest. All of these forecasts are contributing factors to the predicted dip in both final domestic demand as well as final sales. Good news though is that export growth is expected to increase, which will reduce the amount of growth in imports, instantly correlating to a drop in the nations unemployment rate. Increasing the number of jobs will infiltrate more money on the domestic front and in conclusion serve as a shot in the arm to a parched economy. All in all the U.S. economy is in pretty frank shape and here to stay. Optimally, we would like to see this year and next build upon last years incredible figures and shoot consumer spending further through and through the roof.