GDPNow Forecast for Second Quarter Inches Down

GDPNow Forecast for Second Quarter Inches Down

On June 24, the GDPNow model forecast for real GDP growth in the second quarter of 2016 is 2.6 percent. View GDPNow for more details.
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Deflation Probabilities Little Changed

Deflation Probabilities Little Changed

On June 22, the 2015–20 deflation probability was 4 percent and the 2016–21 deflation probability was 12 percent.
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Economic & Financial Highlights

Economic & Financial Highlights

View the latest series of charts from our Economic & Financial Highlights page, including new data on consumer price index, housing starts, industrial production, unemployment insurance weekly initial claims and more.
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UPDATES & OTHER NEWS
Was May's Drop in Labor Force Participation All Bad News?
June 22, 2016
Was May's Drop in Labor Force Participation All Bad News?
Economists watch fluctuations in the labor force participation rate closely, so last month's decline received scrutiny for what it might imply about today's labor market. A new macroblog post looks at recent labor force data and finds that the decline due to the outflow from unemployment is not necessarily bad news.
Wage Growth for Job Stayers and Switchers Added to the Atlanta Fed's Wage Growth Tracker
June 21, 2016
Wage Growth for Job Stayers and Switchers Added to the Atlanta Fed's Wage Growth Tracker
Wage growth has varied between those who change jobs and those who remain in the same job. A new macroblog post discusses this information and how it can now be parsed using the Atlanta Fed's Wage Growth Tracker.
Construction and Real Estate Survey: Keep on the Sunny Side
June 20, 2016
Construction and Real Estate Survey: Keep on the Sunny Side
Reports on buyer traffic and home sales remained positive in May, according to most of the real estate contacts surveyed.