by Calculated Risk on 4/26/2012 07:17:00 PM
Thursday, April 26, 2012
Contest Question: Will real GDP be above or below consensus?
For those entering the monthly contest ...
From MarketWatch: Q1 GDP report to show economy 'plugging along'
Economists polled by MarketWatch expect a 2.7% growth rate in the first quarter, slightly slower than the 3.0% rate in the fourth quarter.Bloomberg is showing the consensus at 2.5%.
There was a wide range of forecasts, from just above a 2% growth rate up to a 3.2%.