Thursday, April 26, 2012

Contest Question: Will real GDP be above or below consensus?

by Bill McBride on 4/26/2012 07:17:00 PM

For those entering the monthly contest ...



From MarketWatch: Q1 GDP report to show economy 'plugging along'

Economists polled by MarketWatch expect a 2.7% growth rate in the first quarter, slightly slower than the 3.0% rate in the fourth quarter.

There was a wide range of forecasts, from just above a 2% growth rate up to a 3.2%.
Bloomberg is showing the consensus at 2.5%.

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