Cleveland Fed Predicts 0.8 Percent Real GDP Growth Next Year

From Federal Reserve Bank Of Cleveland, "Yield Curve and Predicted GDP Growth" November 1, 2011, Covering September 23-October 28, 2011, by Joseph G. Haubrich and Margaret Jacobson:

Projecting forward using past values of the spread and GDP growth suggests that real GDP will grow at about a 0.8 percent rate over the next year