Economists Upgrade Forecast for GDP
Staffing Industry Analysts (08/11/23) Economists indicate a growing sense of optimism regarding the trajectory of the US economy over the next three quarters, according to the Philadelphia Federal Reserve’s Survey of Professional Forecasters report for the third quarter, released Friday. The panel now projects real GDP to grow at an annual rate of 1.9% this quarter, a notable upswing from the 0.6% increase forecast back