Employers
Economists Revise GDP Forecast Upwardly, Lower Projected Jobless Rates
Projections for US gross domestic product were revised upward sharply while projections for the US unemployment rate were lowered, according to the Livingston Survey of economists released on June 18 by the Federal Reserve Bank of Philadelphia. They expect real GDP to grow 6.7% in the second half of this year. The previous survey forecast growth of just 3.7%. In addition, the US unemployment rate
June 21, 2021