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Blue Chip And Wall Street Journal Macroeconomic Forecasts Sag

Written by The Ashton Report

Consensus forecasts for the US economy fell again in October. The forecast from Blue Chip Economic Indicators for growth of real gross-domestic product this year dropped to 5.7% from 5.9% in September. It is the fourth consecutive decline in the Blue Chip 2021 forecast, which was a full point higher in June. The forecast for GDP growth next year…

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