GDP Prospects

The Atlanta Fed is now forecasting GDP to be 3.4% quarter over quarter.

Atlanta Fed nowcast at 3.4% q/q SAAR:

Figure 1: GDP (black), GDPNow (pink square), GS (light blue triangle), Survey of Professional Forecasters (blue), GDO (gray), in bn.Ch.2012$ SAAR. Source: BEA 2nd release, Atlanta Fed, Goldman Sachs and author’s calculations.


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