My Predictions on the U.S. GDP expansion in Q2, Q3 and Q4 / 2011

Based on 55 mainstream economists surveyed in July, they expect the GDP grows 1.9% on average for Q2, 3.1% for Q3 and Q4 this year.  Market expects the Q2 grew at 1.7%.  The followings are the forecasts based on my models for the U.S. economy:

        My Predictions                            Average Projections By 55 Economists

Q2:       1%                                                                1.9%

Q3:      -3%                                                               3.1%

Q4:     -5%                                                                3.1%

 We are going to see the answers shortly after BEA reports its preliminary Q2 GDP growth tomorrow.

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3 Responses to My Predictions on the U.S. GDP expansion in Q2, Q3 and Q4 / 2011

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