 Philadelphia Fed Survey of Forecasters Predict Upgrade Growth and Job Gains in 2023 and 2024 Posted: November 13, 2023 at 10:00 AM (Monday)The outlook for the U.S. economy looks somewhat better now than it did three months ago, according to 34 forecasters surveyed by the Federal Reserve Bank of Philadelphia. The forecasters predict the economy will expand at an annual rate of 1.3 percent this quarter, up slightly from the prediction of 1.2 percent in the last survey. On ... |
 Philadelphia Fed Survey of Forecasters see Upward Revisions to Near-Term Growth and Job Gain Posted: August 11, 2023 at 10:00 AM (Friday)The U.S. economy for the next three quarters looks stronger now than it did three months ago, according to 37 forecasters surveyed by the Federal Reserve Bank of Philadelphia. The panel predicts real GDP will grow at an annual rate of 1.9 percent this quarter, up from the prediction of 0.6 percent in the last survey. Over the next two ... |
 Philadelphia Fed Survey of Forecasters see Higher Growth and Stronger Labor Market in 2023 Posted: February 10, 2023 at 10:00 AM (Friday)The outlook for the U.S. economy in 2023 looks somewhat better now than it did three months ago, according to 37 forecasters surveyed by the Federal Reserve Bank of Philadelphia. The forecasters predict the economy will expand at an annual rate of 0.6 percent this quarter and 1.0 percent in the second quarter of 2023, up from the ... |
 Philadelphia Fed Survey of Forecasters Predict Lower Growth and Higher Unemployment Rate Posted: November 14, 2022 at 10:00 AM (Monday)The outlook for the U.S. economy looks weaker now than it did three months ago, according to 38 forecasters surveyed by the Federal Reserve Bank of Philadelphia. The forecasters predict the economy will expand at an annual rate of 1.0 percent this quarter, down from the prediction of 1.2 percent in the last survey. Over the next three ... |
 Philadelphia Fed Survey of Forecasters See Weaker Growth Posted: August 12, 2022 at 10:00 AM (Friday)The U.S. economy looks weaker now than it did three months ago, according to 35 forecasters surveyed by the Federal Reserve Bank of Philadelphia. The panel predicts real GDP will grow at an annual rate of 1.4 percent this quarter, down from the prediction of 2.5 percent in the last survey. Over the next three quarters, the panelists also ... |
 Philadelphia Fed Survey of Forecasters See Slower Growth Posted: May 13, 2022 at 10:00 AM (Friday)The outlook for the U.S. economy looks weaker now than it did three months ago, according to 34 forecasters surveyed by the Federal Reserve Bank of Philadelphia. The forecasters predict real GDP will grow at an annual rate of 2.3 percent in the current quarter, down 1.9 percentage points from the prediction of 4.2 percent in the last survey. ... |
 Philadelphia Fed Survey of Forecasters See Slower Growth Posted: February 11, 2022 at 10:00 AM (Friday)The U.S. economy for the current quarter looks weaker now than it did in November, according to 36 forecasters surveyed by the Federal Reserve Bank of Philadelphia. The forecasters predict real GDP will grow at an annual rate of 1.8 percent in the first quarter of 2022, down 2.1 percentage points from the prediction of 3.9 percent in the ... |
 Philadelphia Fed Survey of Forecasters See Slower Growth with Lower Unemployment Posted: November 15, 2021 at 10:00 AM (Monday)The U.S. economy looks weaker now than it did in August, according to 37 forecasters surveyed by the Federal Reserve Bank of Philadelphia. The forecasters predict real GDP will grow at an annual rate of 4.6 percent this quarter and 3.9 percent next quarter, down 0.6 percentage point each from the prediction in the last survey. Using ... |
 Philadelphia Fed Survey of Forecasters see Lower Current-Quarter Growth, Followed by Stronger Growth Posted: August 13, 2021 at 10:00 AM (Friday)The U.S. economy for the current quarter looks weaker now than it did three months ago, according to 36 forecasters surveyed by the Federal Reserve Bank of Philadelphia. The panel predicts real GDP will grow at an annual rate of 6.8 percent this quarter, down 0.7 percentage point from the prediction in the last survey. Over the next ... |
 Philadelphia Fed Survey of Forecasters see Faster Pace of Economic Rebound with Stronger Labor Markets Posted: May 14, 2021 at 10:00 AM (Friday)The U.S. economy looks stronger now than it did three months ago, according to 36 forecasters surveyed by the Federal Reserve Bank of Philadelphia. The panel predicts real GDP will grow at an annual rate of 7.9 percent this quarter, up 2.9 percentage points from the prediction in the last survey. Over the next three quarters, the panelists ... |
 Philadelphia Fed Survey of Forecasters see Slower Near-Term Growth Posted: November 16, 2020 at 10:00 AM (Monday)The outlook for real GDP growth in the next few quarters looks weaker now than it did three months ago, according to 37 forecasters surveyed by the Federal Reserve Bank of Philadelphia. The forecasters predict the economy will expand at an annual rate of 4.0 percent this quarter, lower than the prediction of 5.8 percent from the previous ... |
 Forecasters See Higher Growth in the Quarter Posted: August 14, 2020 at 10:00 AM (Friday)The outlook for the U.S. economy in the current quarter looks brighter now than it did three months ago, according to 35 forecasters surveyed by the Federal Reserve Bank of Philadelphia. The forecasters predict the economy will expand at an annual rate of 19.1 percent this quarter, much stronger than the prediction of 10.6 percent from the ... |
 Forecasters See Sharply Lower Growth in the Current Quarter, Followed by Recovery Posted: May 15, 2020 at 10:00 AM (Friday)With many economic activities halted because of the COVID-19 pandemic, the near-term outlook for the U.S. economy looks much weaker now than it did three months ago, according to 42 forecasters surveyed by the Federal Reserve Bank of Philadelphia. The forecasters predict the economy will contract at an annual rate of 32.2 percent this ... |
 Forecasters See Lower Near-Term Growth Posted: November 15, 2019 at 10:00 AM (Friday)The U.S. economy for the next four quarters looks weaker now than it did three months ago, according to 39 forecasters surveyed by the Federal Reserve Bank of Philadelphia. The panel predicts real GDP will grow at an annual rate of 1.7 percent this quarter, down from 2.0 percent in the last survey, 1.9 percent next quarter, and 1.7 percent in ... |
 Forecasters See Weaker Outlook for Near-Term Growth Posted: August 9, 2019 at 10:00 AM (Friday)The U.S. economy for the next three quarters looks slightly weaker now than it did three months ago, according to 35 forecasters surveyed by the Federal Reserve Bank of Philadelphia. The panel predicts real GDP will grow at an annual rate of 1.8 percent this quarter, 2.0 percent next quarter, and 1.9 percent in the first quarter of 2020, ... |
 Forecasters See Lower Near-Term Growth Posted: May 10, 2019 at 10:00 AM (Friday)The outlook for growth in the U.S. economy over the next four quarters is slightly weaker than that in the last survey, according to 40 forecasters surveyed by the Federal Reserve Bank of Philadelphia. The forecasters predict real GDP will grow at an annual rate of 1.9 percent this quarter and 2.1 percent next quarter, down from the ... |
 Forecasters See Lower Near-Term Output Growth and somewhat stronger employment growth Posted: March 22, 2019 at 10:00 AM (Friday)Lower Near-Term Output Growth
The U.S. economy looks weaker now in the next few quarters than it did four months ago, according to 38 forecasters surveyed by the Federal Reserve Bank of Philadelphia. The forecasters predict real GDP will grow at an annual rate of 1.5 percent this quarter and 2.4 percent next quarter, down from the ... |
 Forecasters See Weaker Near-Term Growth amid Stronger Job Gains Posted: November 13, 2018 at 10:00 AM (Tuesday)The outlook for growth in the U.S. economy over the next four quarters is slightly weaker from that of three months ago, according to 37 forecasters surveyed by the Federal Reserve Bank of Philadelphia. The panel predicts real GDP will grow at an annual rate of 2.6 percent this quarter and 2.4 percent next quarter, down from the previous ... |
 Forecasters See Steady Outlook for Growth with Stronger Labor Markets Posted: August 10, 2018 at 10:00 AM (Friday)The outlook for growth in the U.S. economy over the next three years is mostly unchanged from that of three months ago, according to 38 forecasters surveyed by the Federal Reserve Bank of Philadelphia. The panel predicts real GDP will grow at an annual rate of 3.0 percent this quarter and 2.8 percent next quarter, unchanged from the estimates ... |
 Forecasters See Slightly Brighter Outlook for Growth and Labor Markets in 2018 and 2019 Posted: May 11, 2018 at 10:00 AM (Friday)The U.S. economy looks slightly stronger now than it did three months ago, according to 36 forecasters surveyed by the Federal Reserve Bank of Philadelphia. The forecasters predict real GDP will grow at an annual rate of 3.0 percent this quarter and next quarter, up slightly from the estimates of three months ago. On an annual-average ... |
 Forecasters See Stronger Output Growth and Brighter Labor Market Posted: February 9, 2018 at 10:00 AM (Friday)The U.S. economy looks stronger now than it did three months ago, according to 36 forecasters surveyed by the Federal Reserve Bank of Philadelphia. The forecasters predict real GDP will grow at an annual rate of 3.0 percent this quarter and 2.9 percent next quarter. On an annual-average over annual-average basis, the forecasters predict real ... |
 Forecasters See Stronger Outlook for Growth over the Next Two Quarters Posted: November 13, 2017 at 10:00 AM (Monday)The outlook for growth in the U.S. economy over the next two quarters looks slightly stronger overall than that of three months ago, according to 41 forecasters surveyed by the Federal Reserve Bank of Philadelphia. The panel expects real GDP to grow at an annual rate of 2.6 percent this quarter and 2.4 percent next quarter, marking ... |
 Forecasters See Weaker Outlook for Growth and Lower Unemployment Posted: August 11, 2017 at 10:00 AM (Friday)The outlook for growth in the U.S. economy over the next three years looks slightly weaker overall than that of three months ago, according to 39 forecasters surveyed by the Federal Reserve Bank of Philadelphia. The panel expects real GDP to grow at an annual rate of 2.6 percent this quarter and 2.3 percent next quarter. On an annual-average ... |
 Forecasters Predict real GDP will grow at a faster pace Posted: May 12, 2017 at 10:00 AM (Friday)The U.S. economy over the next four quarters looks slightly stronger now than it did three months ago, according to 37 forecasters surveyed by the Federal Reserve Bank of Philadelphia. The forecasters predict real GDP will grow at an annual rate of 3.1 percent this quarter, up from the previous estimate of 2.3 percent. Quarterly growth over ... |
 Forecasters Predict real GDP will grow at a faster pace Posted: February 10, 2017 at 10:00 AM (Friday)The U.S. economy looks stronger now than it did three months ago, according to 42 forecasters surveyed by the Federal Reserve Bank of Philadelphia. The forecasters predict real GDP will grow at an annual rate of 2.2 percent this quarter and 2.3 percent next quarter. On an annual-average over annual-average basis, the forecasters predict real ... |
 Forecasters Predict Slightly Lower Growth over the Next Three Years Posted: November 14, 2016 at 10:00 AM (Monday)Growth in the U.S. economy looks slightly weaker now than it did three months ago, according to 42 forecasters surveyed by the Federal Reserve Bank of Philadelphia before the election on November 8. The forecasters expect real GDP to grow at an annual rate of 2.2 percent this quarter and in each of the next four quarters in 2017. On ... |
 Forecasters See Weaker Outlook for Growth and Employment Posted: August 12, 2016 at 10:00 AM (Friday)The outlook for growth in the U.S. economy over the next three years looks slightly weaker than that of three months ago, according to 40 forecasters surveyed by the Federal Reserve Bank of Philadelphia. The panel expects real GDP to grow at an annual rate of 2.6 percent this quarter and 2.3 percent next quarter. On an annual-average ... |
 Forecasters Predict Weaker Outlook for Growth, but Stronger Outlook for Employment Posted: May 13, 2016 at 10:00 AM (Friday)The economy looks slightly weaker now than it did three months ago, according to 42 forecasters surveyed by the Federal Reserve Bank of Philadelphia. The forecasters predict real GDP will grow at an annual rate of 2.1 percent this quarter and 2.4 percent next quarter. On an annual-average over annual-average basis, real GDP will grow 1.7 ... |
 Forecasters Predict Lower Growth over the Next Three Years Posted: February 12, 2016 at 10:00 AM (Friday)The economy looks weaker now than it did three months ago, according to 40 forecasters surveyed by the Federal Reserve Bank of Philadelphia. The forecasters predict real GDP will grow at an annual rate of 2.0 percent this quarter and 2.5 percent next quarter. On an annual-average over annual-average basis, real GDP will grow 2.1 percent in ... |
 Forecasters Shave Their Growth Estimates for 2016 and 2017 Posted: November 13, 2015 at 10:00 AM (Friday)Growth in real GDP in 2016 and 2017 looks a little slower now than it did three months ago, according to 45 forecasters surveyed by the Federal Reserve Bank of Philadelphia. The forecasters currently see growth in the annual-average level of real GDP at 2.6 percent in 2016 and 2.5 percent in 2017. These current estimates represent ... |
 Forecasters See Slightly Slower Growth as the Unemployment Outlook Holds Steady Posted: August 14, 2015 at 10:00 AM (Friday)The outlook for growth in the U.S. economy over the next four years looks slightly lower from that of three months ago, according to 42 forecasters surveyed by the Federal Reserve Bank of Philadelphia. The panel expects real GDP to grow at an annual rate of 2.7 percent this quarter and 2.8 percent next quarter. On an annual-average ... |
 Forecasters See Stronger Quarterly Growth This Year Accompanied by Lower Unemployment Posted: May 15, 2015 at 10:00 AM (Friday)The outlook for growth over the next three quarters looks stronger now than it did three months ago, according to 42 forecasters surveyed by the Federal Reserve Bank of Philadelphia. Growth this quarter will be 3.3 percent at an annual rate, up from the previous estimate of 3.0 percent. Third-quarter growth will be 2.9 percent, an upward ... |
 Forecasters Unchanged Outlook for Growth, but Brighter Outlook for Labor Markets Posted: February 13, 2015 at 10:00 AM (Friday)The outlook for growth in the U.S. economy over the next three years has changed little from the survey of three months ago, according to 39 forecasters surveyed by the Federal Reserve Bank of Philadelphia. The forecasters predict real GDP will grow at an annual rate of 2.7 percent this quarter and 3.0 percent next quarter. On an ... |
 Forecasters Steady Outlook for Growth with Improved Outlook for Labor Market Posted: November 17, 2014 at 10:00 AM (Monday)The outlook for growth in the U.S. economy over the next four years is little changed from the survey of three months ago, according to 42 forecasters surveyed by the Federal Reserve Bank of Philadelphia. The forecasters predict real GDP will grow at an annual rate of 2.7 percent this quarter and 2.8 percent next quarter. On an annual-average ... |
 Forecasters Hold the Line on Projections for Growth Posted: August 15, 2014 at 10:00 AM (Friday)The outlook for growth in the U.S. economy over the next four years looks mostly unchanged from that of three months ago, according to 43 forecasters surveyed by the Federal Reserve Bank of Philadelphia. The panel expects real GDP to grow at an annual rate of 3.0 percent this quarter and 3.1 percent next quarter. On an annual-average ... |
 Forecasters See Stronger Quarterly Growth With Lower Unemployment Posted: May 16, 2014 at 10:00 AM (Friday)The outlook for growth over the next three quarters looks stronger now than it did three months ago, according to 42 forecasters surveyed by the Federal Reserve Bank of Philadelphia. Growth this quarter will be 3.3 percent at an annual rate, up from the previous estimate of 3.0 percent. Third-quarter growth will be 2.9 percent, an upward ... |
 Forecasters Predict Higher Growth and Lower Unemployment Posted: February 14, 2014 at 10:00 AM (Friday)The outlook for growth in the U.S. economy over the next three years looks stronger than that of three months ago, according to 45 forecasters surveyed by the Federal Reserve Bank of Philadelphia. On an annual-average over annual-average basis, the forecasters predict faster real GDP growth in 2014, 2015, and 2016. The forecasters see real ... |
 Forecasters Outlook for Steady Growth with Healthier Labor Market Posted: November 25, 2013 at 10:00 AM (Monday)Steady Outlook for Growth with Healthier Labor Market
The outlook for growth in the U.S. economy is little changed from the survey of three months ago, according to 42 forecasters surveyed by the Federal Reserve Bank of Philadelphia. The forecasters expect real GDP to grow at an annual rate of 1.8 percent this quarter and 2.5 ... |
 Forecasters Outlook for Growth Weakens Posted: August 16, 2013 at 10:00 AM (Friday)The outlook for growth in the U.S. economy over the next four years is weaker than that of three months ago, according to 41 forecasters surveyed by the Federal Reserve Bank of Philadelphia. The panel expects real GDP to grow at an annual rate of 2.2 percent this quarter and 2.3 percent next quarter and to rise to 2.9 percent in the second ... |
 Forecasters Outlook for Growth Holds Steady as Unemployment Outlook Improves Posted: May 10, 2013 at 10:00 AM (Friday)The outlook for growth in the U.S. economy over the next three years is little changed from that of three months ago, according to 42 forecasters surveyed by the Federal Reserve Bank of Philadelphia. The panel expects real GDP to grow at an annual rate of 1.8 percent this quarter and 2.3 percent next quarter and to rise to 3.2 percent in ... |
 Forecasters Predict Stronger Labor Market Posted: February 15, 2013 at 10:00 AM (Friday)The outlook for growth in the U.S. economy over the next three years looks mostly unchanged from that of three months ago, according to 46 forecasters surveyed by the Federal Reserve Bank of Philadelphia. The panel expects real GDP to grow at an annual rate of 2.1 percent this quarter and 2.3 percent next quarter and to rise to 2.7 percent in ... |
 Forecasters Hold the Line on Their Estimates for Growth Posted: November 9, 2012 at 10:00 AM (Friday)The outlook for the U.S. economy is little changed from the survey of three months ago, according to 39 forecasters surveyed by the Federal Reserve Bank of Philadelphia. The forecasters expect real GDP to grow at an annual rate of 1.8 percent this quarter, down from the previous estimate of 2.2 percent. Over the next three quarters, they ... |
 Forecasters Revise Downward Their Estimates for Growth Posted: August 10, 2012 at 10:00 AM (Friday)The outlook for growth in the U.S. economy looks weaker now than it did three months ago, according to 48 forecasters surveyed by the Federal Reserve Bank of Philadelphia. The forecasters expect real GDP to grow at an annual rate of 1.6 percent this quarter, down from the previous estimate of 2.5 percent. Over the next three quarters, they ... |
 Forecasters Outlook for Growth Holds Steady Posted: May 11, 2012 at 10:00 AM (Friday)The outlook for growth in the U.S. economy is little changed from that of three months ago, according to 39 forecasters surveyed by the Federal Reserve Bank of Philadelphia. The forecasters expect real GDP to grow at an annual rate of 2.4 percent this quarter, up slightly from the previous estimate of 2.3 percent. Over the next three ... |
 Forecasters Predict Stronger Labor Market Posted: February 10, 2012 at 10:00 AM (Friday)The outlook for growth in the U.S. economy looks mostly unchanged from that of three months ago, according to 45 forecasters surveyed by the Federal Reserve Bank of Philadelphia. The panel expects real GDP to grow at an annual rate of 2.2 percent this quarter, down from the previous estimate of 2.4 percent. On an annual-average over ... |
 Forecasters Predict Lower Growth and Higher Unemployment 2012-13 Posted: November 14, 2011 at 10:00 AM (Monday)The outlook for growth and unemployment in the U.S. economy looks a little weaker now than it did three months ago, according to 45 forecasters surveyed by the Federal Reserve Bank of Philadelphia. The forecasters predict lower real GDP growth and higher unemployment rates in 2012 and 2013 than they did in August. Our panelists expect real GDP ... |
 Forecasters Predict Slower Growth Posted: August 12, 2011 at 10:00 AM (Friday)Growth in the U.S. economy is predicted to be slower in the short run compared to the forecast of three months ago, according to 37 panelists surveyed by the Federal Reserve Bank of Philadelphia. Our panelists expect real GDP to grow at an annual rate of 2.2 percent this quarter, down from the previous estimate of 3.4 percent. On an ... |
 Forecasters Predict Slower Growth over the Next Four Years Posted: May 13, 2011 at 10:00 AM (Friday)Growth in the U.S. economy looks a little slower now than it did three months ago, according to 44 forecasters surveyed by the Federal Reserve Bank of Philadelphia. Our panelists expect real GDP to grow at an annual rate of 3.2 percent this quarter, down from the previous estimate of 3.5 percent. On an annual-average over annual-average basis, ... |
 Forecasters See Stronger Growth in 2011 and 2012 Posted: February 11, 2011 at 10:00 AM (Friday)The outlook for growth in the U.S. economy looks more positive now than it did just three months ago, according to 43 forecasters surveyed by the Federal Reserve Bank of Philadelphia. The panel expects real GDP to grow at an annual rate of 3.6 percent this quarter, up from the previous estimate of 2.4 percent. On an annual-average ... |
 Forecasters Predict Further Slowdown in Economic Recovery Posted: November 15, 2010 at 10:00 AM (Monday)The pace of recovery in output and employment in the U.S. economy looks a little slower now than it did three months ago, according to 43 forecasters surveyed by the Federal Reserve Bank of Philadelphia. The panel expects real GDP to grow at an annual rate of 2.2 percent this quarter, down from the previous estimate of 2.8 percent. On ... |