“The Livingston Report,” since 1946, is the oldest survey of economists with forecasting from industry, government, banking and academia perspectives. Carl Chrappa, Senior Managing Director of Alta’s Asset Management Practice, has been a contributor to this report since 2009.
The December 2017 report shows real GDP for 2017 rising by 2.6%, CPI by 2.2%, and non-residential investment by 4.7%.
For 2018 real GDP is estimated to increase by 2.3%, the CPI by 2.2%, and non-residential fixed investment by 4.6%. Various interest rates were also forecast to gradually increase over the next two years.
The full report can be downloaded here: