“2023 GDP progress anticipated at +0.5% (median forecast, 4Q/4Q); 2024 anticipated at +1.7%” (SIFMA stands for Securities Business and Monetary Markets Affiliation) From the Report.
Supply: SIFMA, June 7, 2023.
The survey median response is for one quarter of unfavourable progress. In every quarter, there’s all the time one respondent that thinks that there’ll be unfavourable (or constructive) progress, so there’s some dispersion.
Supply: SIFMA, June 7, 2023.
As I famous in yesterday’s put up, the FT-IGM survey 1 / 4 in the past indicated a modal response for recession begin at 2023Q3-This fall.
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