{"id":274837,"date":"2025-04-24T16:56:26","date_gmt":"2025-04-24T16:56:26","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2025\/04\/24\/weo-piie-wsj-forecasts-econbrowser\/"},"modified":"2025-06-25T17:08:45","modified_gmt":"2025-06-25T17:08:45","slug":"weo-piie-wsj-forecasts-econbrowser","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2025\/04\/24\/weo-piie-wsj-forecasts-econbrowser\/","title":{"rendered":"WEO, PIIE, WSJ Forecasts | Econbrowser"},"content":{"rendered":"

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The IMF is pretty upbeat on the US economy\u2026relatively speaking.<\/p>\n

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Figure 1:<\/strong> GDP (bold black), IMF April WEO (blue square), WSJ April survey mean (red line), Dynan\/PIIE April forecast (light blue line), Strong\/JP Morgan \u2013 April WSJ (gray line), all in bn.Ch.2017$, SAAR. Source: BEA, IMF, WSJ, PIIE<\/a>, and author\u2019s calculations.<\/em><\/p>\n

JP Morgan\u2019s forecast, as provided by the WSJ survey, is the bottom 10th percentile forecast for 2025 q4\/q4 growth, and projects two consecutive quarters of negative growth. The PIIE forecast by comparison has a rather shallow downturn, with only one quarter of negative growth, and essentially zero in the subsequent. Goldman Sachs tracking as of today is more in line with JP Morgan\u2019s forecast. I have suggested (not proved) that the forecasts of GDP (rather than final domestic sales for instance) are being moved a lot by imports which have spiked due to tariff front-running<\/a>.<\/p>\n

GDPNow for today in 30 minutes\u2026<\/p>\n

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