Nowcasts

Forecasts and Nowcasts | beragampengetahuan – Beragampengetahuan

CBO has released its Budget and Economic Outlook, with projections for GDP (based on data from early December). This is their GDP projection based on current law, compared to other forecasts (IMF, WSJ survey mean), and today’s GDPNow. Figure 1: GDP as reported (bold black), CBO (blue), WSJ (brown), IMF (light green triangles), GDPNow (2/7/2024) […]

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Nowcasts and Alternative Output Measures – Beragampengetahuan

GDPNow and NY Fed nowcasts as of today: FIgure 1: GDP (bold black), WSJ January survey mean forecast (blue), Bloomberg consensus (red square), GDPNow (light blue square), NY Fed nowcast (pink square), all in bn.Ch.2017$ SAAR. Source: BEA GDP 2023Q4 advance release, WSJ January survey, Bloomberg, Atlanta Fed, NY Fed, and author’s calculations. GDP released

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