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IMF View on US GDP Growth
More upbeat than WSJ April survey mean: chart Figure 1: GDP (bold black), April WSJ survey (light blue), GDPNow (4/15) (red square), NY Fed (light green square), St. Louis Fed (blue inverted triangle), IMF April 2024 WEO (chartreuse triangles), all in bn.Ch.2017$ SAAR. Source BEA via FRED, Philadelphia Fed, Atlanta Fed, NY Fed, St. Louis Fed via FRED, IMF, and author’s calculations. Below is the entire set of forecasts from the WEO, on a q4/q4 basis. Forecasts are based on the level of exchange rates prevailing in February 2024. See Table A1 of the data appendix of the WEO for assumptions. 2024 Q4/Q4 growth is a ... (full story)