The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2015 was 0.7 percent on May 13, down slightly from 0.8 percent on May 5.
This forecast seems accurate, it nailed the last quarter pretty well. So that means average YoY growth for the first two quarters seem to be around .5%. Will the NBER recession daters grey bar us?
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