Tuesday, May 17, 2022

US economy: "Forecasters predict slower growth" for 2022 and 2023

The most recent survey of 34 professional forecasters, realised by the Federal Reserve Bank of Philadelphia, shows that the United States outlook is significantly weaker than it was three months ago. 

The median projection for the United States real GDP growth is estimated at 2.5% for this year and 2.3% for 2023. Three months ago the projections were respectively 3.7% and 2.7%.

Link to the Second quarter 2022 Survey of Professional Forecasters