Blue Chip Macro Forecasts Mixed In March Survey, But Clearly Signal Slowing Economy And Income

With all the uncertainty surrounding the federal government shutdown and the disruption of reliable economic data from federal departments, we’ve been keeping a close eye on the monthly macroeconomic forecasts from Blue Chip Economic Indicators. The trend was mixed in the early March survey. The consensus forecast for real GDP growth fell a tenth-point to 2.4% for 2019…