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posted on 18 December 2020
from the Philadelphia Fed
The 22 participants in the December Livingston Survey nearly doubled their forecasts for the second half of 2020 compared with their projections in the June 2020 survey. The forecasters, who are surveyed by the Federal Reserve Bank of Philadelphia twice a year, expect an increase of 18.0 percent (annualized) in real GDP during the second half of 2020.