GDP Forecast, 4Q17 -- GDP Now -- Now At 3.3% -- December 16, 2017

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Title : GDP Forecast, 4Q17 -- GDP Now -- Now At 3.3% -- December 16, 2017
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GDP Forecast, 4Q17 -- GDP Now -- Now At 3.3% -- December 16, 2017

Latest forecast: 3.3 percent — December 14, 2017
The 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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