{"id":215446,"date":"2024-03-20T23:12:07","date_gmt":"2024-03-20T23:12:07","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2024\/03\/20\/fomc-march-sep-on-gdp\/"},"modified":"2025-06-25T17:20:16","modified_gmt":"2025-06-25T17:20:16","slug":"fomc-march-sep-on-gdp","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2024\/03\/20\/fomc-march-sep-on-gdp\/","title":{"rendered":"FOMC March SEP on GDP"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div id=\"post-51587\">\n\t\t\t\t<!-- .entry-header --><\/p>\n<div class=\"entry-content\">\n<p>2024 q4\/q4 growth at 2.1% matches FT-IGM survey discussed in previous <a href=\"https:\/\/econbrowser.com\/archives\/2024\/03\/march-ft-booth-macroeconomists-survey-gdp-recession-r\">post<\/a>.<\/p>\n<p><a href=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/03\/gdpppix_jan24n.png\"><img fetchpriority=\"high\" fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-51588\" src=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/03\/gdpppix_jan24n.png\" alt=\"\" width=\"878\" height=\"576\" srcset=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/03\/gdpppix_jan24n.png 878w, https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/03\/gdpppix_jan24n-300x197.png 300w, https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/03\/gdpppix_jan24n-768x504.png 768w, https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/03\/gdpppix_jan24n-624x409.png 624w\" sizes=\"(max-width: 878px) 100vw, 878px\"\/><\/a><\/p>\n<p><em><strong>Figure 1:<\/strong> GDP (bold black), CBO projection (blue), Survey of Professional Forecasters (red), FT-Booth median forecast (brown inverted triangle), FOMC Summary of Economic Projections March 20 (open light green square), GDPNow of 3\/19 (light blue square), all in bn.Ch.2017$. Source: BEA 2024Q4 2nd release, CBO Budget and Economic Outlook (February), Philadelphia Fed SPF, <a href=\"https:\/\/www.kentclarkcenter.org\/ft-booth-us-macroeconomists-survey\/\">Booth School<\/a>, <a href=\"https:\/\/www.federalreserve.gov\/newsevents\/pressreleases\/monetary20240320b.htm\">Federal Reserve Board<\/a>, <a href=\"https:\/\/www.atlantafed.org\/cqer\/research\/gdpnow\">Atlanta Fed<\/a> (3\/19), and author\u2019s calculations.<\/em><\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<\/p><\/div>\n<p><!-- .entry-content --><\/p>\n<footer class=\"entry-meta\">\n\t\t\tThis entry was posted on <a href=\"https:\/\/econbrowser.com\/archives\/2024\/03\/fomc-march-sep-on-gdp\" title=\"1:13 pm\" rel=\"bookmark\"><time class=\"entry-date\" datetime=\"2024-03-20T13:13:31-07:00\">March 20, 2024<\/time><\/a><span class=\"by-author\"> by <span class=\"author vcard\"><a class=\"url fn n\" href=\"https:\/\/econbrowser.com\/archives\/author\/menzie_chinn\" title=\"View all posts by Menzie Chinn\" rel=\"author\">Menzie Chinn<\/a><\/span><\/span>.\t\t\t\t\t\t\t\t<\/footer>\n<p><!-- .entry-meta -->\n\t<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/econbrowser.com\/archives\/2024\/03\/fomc-march-sep-on-gdp\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] 2024 q4\/q4 growth at 2.1% matches FT-IGM survey discussed in previous post. Figure 1: GDP (bold black), CBO projection (blue), Survey of Professional Forecasters<\/p>\n","protected":false},"author":1,"featured_media":215447,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[155],"tags":[],"_links":{"self":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/215446"}],"collection":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/comments?post=215446"}],"version-history":[{"count":3,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/215446\/revisions"}],"predecessor-version":[{"id":335565,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/215446\/revisions\/335565"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media\/215447"}],"wp:attachment":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media?parent=215446"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/categories?post=215446"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/tags?post=215446"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}