Tag: global-economic

February 1, 2016 0

"Blue Chip" Optimism vs. GDPNow 1.2% 2016 Initial Q1 Forecast; Strengths and Weaknesses of GDPNow

By News Desk

"Blue Chip" Optimism The Atlanta Fed initial GDPNow Forecast for first quarter 2016 starts off with an anemic 1.2% whimper. "The initial GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2016 is 1.2 percent on February 1. " First Quarter 2016 GDPNow Forecast The Atlanta Fed "Final" GDPNow Estimate for the 4th Quarter was posted on January 28