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Third Quarter 2021 Survey of Professional Forecasters Predict Lower Current-Quarter Growth, Followed by Stronger Growth over Subsequent Quarters

from the Philadelphia FedThe U.S. economy for the current quarter looks weaker now than it did three months ago, according to 36 forecasters surveyed by the Federal Reserve Bank of Philadelphia. The panel predicts real GDP will grow at an annual rate of 6.8 percent this quarter, down 0.7 percentage point from the prediction in the last survey.

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