Title : GDP Forecast, 4Q17 -- GDP Now -- Now At 3.3% -- December 16, 2017
link : GDP Forecast, 4Q17 -- GDP Now -- Now At 3.3% -- December 16, 2017
GDP Forecast, 4Q17 -- GDP Now -- Now At 3.3% -- December 16, 2017
Latest forecast: 3.3 percent — December 14, 2017The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2017 is 3.3 percent on December 14, up from 2.9 percent on December 8.
The forecast of fourth-quarter real consumer spending growth increased from 2.5 percent to 3.2 percent after yesterday's Consumer Price Index report from the U.S. Bureau of Labor Statistics and this morning's retail sales release from the U.S. Census Bureau.
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