ABA Data Bank: EAC Expects Real GDP to Contract by 5.7% in 2020
However, economists expressed a wide range of views, with little clustering, reflecting the great degree of economic uncertainty of the times.
Browsing: GDP
First Quarter GDP Plunges 4.8%, Contracting for the First Time Since 2014
Real GDP contracted at a seasonally adjusted annual rate of 4.8% during the first quarter…
ABA Data Bank: Bank Economists Expect Deep Q2 Contraction, Followed by Second Half Rebound
Economists’ forecasts are based on the public health models projecting that the U.S. COVID-19 pandemic peaks in May.
Fourth Quarter GDP Grew at 2.1%
Real GDP grew at a seasonally adjusted annual rate of 2.1% during the fourth quarter…
Bank Economists Anticipate Moderating Growth, Stable Interest Rates in 2020
The nation’s top bank economists forecast continued economic growth that would support job growth and wage gains in 2020 and beyond.
First Quarter GDP Grows at 3.2 Percent, Blowing Past Projections
Real GDP grew at a seasonally adjusted annual rate of 3.2 percent during the first…
Fourth Quarter GDP Grew 2.6 percent, Slowed by the Government Shutdown
Real GDP grew at a seasonally adjusted annual rate of 2.6 percent during the Fourth quarter of 2018, according to the Bureau of Economic Analysis’s “initial” estimate, down from 3.4 percent in the third quarter. The increase in real GDP in the fourth quarter reflected positive contributions from personal consumption expenditures (PCE), nonresidential fixed investment,
Fed Reports on Economic Developments, Financial Stability
The Federal Reserve on Friday issued its semiannual monetary policy report, just ahead of Fed Chairman Jerome Powell’s testimony before the Senate Banking Committee next week.