Graham Personnel News

Economists Lower Growth Expectations for First Half of 2021

Staffing Industry Analysts (12/18/20)

Economists taking part in the biannual Livingston Survey ratcheted down their forecast for US gross domestic product growth in the first half of 2021. They now expect GDP to grow at an annualized rate of 3.7% in the first half of next year, down from their forecast in June of 7.2%.

The survey is released by the Federal Reserve Bank of Philadelphia.

On the other hand, economists in the survey forecast that GDP is rising at an annualized rate of 18.0% in the second half of this year, up from the June forecast of 9.6%.

Read the full article here.

Share it
Facebook
X
LinkedIn
Email

Related Posts

Source: Staffing Industry Analysts (04/30/25) The U.S. economy shrank by 0.3% in Q1 2025, the...

Source: Staffing Industry Analysts (04/02/25) In March 2025, the U.S. private sector added 155,000 jobs,...

Source: Bloomberg News (04/01/25) US job openings fell more than expected in February to 7.57...

We're currently experiencing high call volumes. For quicker response, please text us at 336-288-9330 and our team will be happy to assist you.

Download our "GPS Jobs" app to browse open jobs, get new job alerts, complete onboarding, view paystubs, and more! Available for iOS and Android.