Professional forecasters see gross domestic product growth at 1.2% this quarter and 0.7% in the fourth quarter, both much lower than when they were surveyed three months ago by the Federal Reserve Bank of Philadelphia.

In the May survey, the forecasters predicted growth this quarter of 1.7% followed by 1.8% growth next quarter.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.