{"id":276648,"date":"2025-05-17T21:20:17","date_gmt":"2025-05-17T21:20:17","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2025\/05\/17\/gdp-on-a-lower-trajectory-survey-of-professional-forecasters\/"},"modified":"2025-06-25T17:08:25","modified_gmt":"2025-06-25T17:08:25","slug":"gdp-on-a-lower-trajectory-survey-of-professional-forecasters","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2025\/05\/17\/gdp-on-a-lower-trajectory-survey-of-professional-forecasters\/","title":{"rendered":"GDP on a Lower Trajectory \u2013 Survey of Professional Forecasters"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div id=\"post-56655\">\n\t\t\t\t<!-- .entry-header --><\/p>\n<div class=\"entry-content\">\n<p>From Survey of Professional Forecasters:<\/p>\n<p><a href=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/05\/gdppix53a.png\"><img fetchpriority=\"high\" fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-56660\" src=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/05\/gdppix53a.png\" alt=\"\" width=\"1022\" height=\"576\" srcset=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/05\/gdppix53a.png 1022w, https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/05\/gdppix53a-300x169.png 300w, https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/05\/gdppix53a-768x433.png 768w, https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/05\/gdppix53a-624x352.png 624w\" sizes=\"(max-width: 1022px) 100vw, 1022px\"\/><\/a><\/p>\n<p><em><strong>Figure 1:<\/strong> GDP (bold black), May SPF median (light blue), February SPF median (red), GDPNow, 5\/16 (blue square), all b.Ch.2017$ SAAR. Source: BEA 2025Q1 advance, Philadelphia Fed, Atlanta Fed,\u00a0 and author\u2019s calculations.<\/em><\/p>\n<p>Compare to WSJ downshift:<\/p>\n<p><a href=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/04\/gdppix46.png\"><img decoding=\"async\" class=\"alignnone size-full wp-image-56449\" src=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/04\/gdppix46.png\" alt=\"\" width=\"892\" height=\"576\" srcset=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/04\/gdppix46.png 892w, https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/04\/gdppix46-300x194.png 300w, https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/04\/gdppix46-768x496.png 768w, https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/04\/gdppix46-624x403.png 624w\" sizes=\"(max-width: 892px) 100vw, 892px\"\/><\/a><\/p>\n<p><em><strong>Figure 2:<\/strong>\u00a0GDP (black), IMF April WEO (dark blue square), January WEO (teal square), April WSJ (bold dark red), January (red), GDPNow of 4\/17 adjusted for gold imports (green inverted triangle), all bn.Ch.2017$ SAAR. Source: BEA, IMF, WSJ surveys, Atlanta Fed, and author\u2019s calculations.<\/em><\/p>\n<p>Both WSj and SPF suggest a downward revision of GDP of about 1.2% by year\u2019s end. Note that the IMF WEO showed a revision of 0.9% for 2025 q4\/q4 growth, going from January to April.<\/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\/2025\/05\/gdp-on-a-lower-trajectory\" title=\"1:44 pm\" rel=\"bookmark\"><time class=\"entry-date\" datetime=\"2025-05-17T13:44:20-07:00\">May 17, 2025<\/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\/2025\/05\/gdp-on-a-lower-trajectory\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] From Survey of Professional Forecasters: Figure 1: GDP (bold black), May SPF median (light blue), February SPF median (red), GDPNow, 5\/16 (blue square), all<\/p>\n","protected":false},"author":1,"featured_media":276649,"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\/276648"}],"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=276648"}],"version-history":[{"count":0,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/276648\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media\/276649"}],"wp:attachment":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media?parent=276648"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/categories?post=276648"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/tags?post=276648"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}