Phil Fed's Survey of Professional Forecasters

The Federal Reserve Bank of Philadelphia has published its Second Quarter 2005 Survey of Professional Forecasters. Growth in the economy looks slower in the first six months of this year, according to 46 forecasters surveyed.

"Growth in the nation's output in 2005 looks slower now than it did three months ago, according to 46 forecasters surveyed by the Federal Reserve Bank of Philadelphia. An expanded panel of forecasters now thinks that real GDP will grow 3.4 percent (year-over-year basis) in

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