I looked at the Federal Reserve's September economic forecast summary and roughly understood it using my elementary school level: GDP: The median growth rate over 25 years is 1.6%, and the long-term rate is 1.8%, indicating that the Fed expects US economic growth to remain moderate over the next few years. Unemployment rate: The median forecast over 25 years is 4.5%, gradually declining to 4.2% over 28 years, and hovering around 4.2% in the long term; it remains close to the long-term natural unemployment rate, reflecting the expectation of a "soft landing" for the economy.