• Seth Golden posted an update 6 years, 2 months ago

    Forecasting firm Macroeconomic Advisers on Thursday projected a 4.5% seasonally adjusted annual growth rate, down from its Wednesday prediction of 4.9% growth. Economists at JPMorgan Chase cut their GDP growth forecast to 3.9% from 4.4%. Barclays kept its GDP tracking estimate unchanged at 5.2%. The Federal Reserve Bank of Atlanta’s GDPNow model reduced its forecast to 3.8% from an earlier estimate of 4.5% growth. https://www.wsj.com/articles/u-s-durable-orders-rose-1-0-in-june-1532608467

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