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Home | Mises Library | From 0.2% to 4.3%: Atlanta Fed GDP Forecast

From 0.2% to 4.3%: Atlanta Fed GDP Forecast

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05/01/2017C.Jay Engel

The Atlanta Fed's final projected Q1 GDP growth rate was 0.2%. That was down from over 3% earlier in the year. Q1 GDP's actual ("advanced") number ended up being 0.7%, so the 0.2% was pretty close. 

But now, the second quarter has begun and the hilarity begins immediately. The forecast has jumped from the 0.2% to a 4.3% forecast for Q2, in a matter of days. Call it a forecast of hope.

gdpnow-forecast-evolution_0.gif

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