Blue Chip 2020 Forecasts Improve Very Slightly And Re-cession Probability Falls

The econometric forecasting groups polled monthly by Blue Chip Economic Indicators were slightly more optimistic in the November survey, pushing the consensus 2020 forecasts for growth of real gross domestic product and disposable personal income up a tenth-point Real GDP is now expected to rise 1.8% while real DPI growth is now forecast at 2.1%….