- Q2 GDP 3.0% vs 2.9% prior
- Sees Q1 unemployment at 6.7% vs 7.1% prior, Q2 6.6% vs 7.0% prior
- Q1 Non farm payrolls averaging 177,400 p/month vs 187k prior, Q2 unchanged at 193,500
- Q1 CPI at 1.8% from 1.9% prior estimate
- Q1 PCE prices 1.5% from 1.7%
Results of a quarterly survey of economists by the Philly Fed.
They’re pointing to a modest slowdown in job gains which will pick up in the second quarter. Jan and Feb NFP averages at 94k to date.
