Interim Economic Projections for 2020 and 2021

Congressional Budget Office

No 56351, Reports from Congressional Budget Office

Abstract: CBO estimates that real (adjusted for inflation) gross domestic product (GDP) will contract by 11 percent in the second quarter of this year, which is equivalent to a decline of 38 percent at an annual rate. In the second quarter, the number of people employed will be almost 26 million lower than the number in the fourth quarter of 2019.

JEL-codes: E20 E23 E60 E62 E66 H20 H50 H60 (search for similar items in EconPapers)
Date: 2020-05-19
New Economics Papers: this item is included in nep-mac and nep-pbe
References: Add references at CitEc
Citations: View citations in EconPapers (10)

Downloads: (external link)
https://www.cbo.gov/system/files/2020-05/56351-CBO-interim-projections.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cbo:report:56351

Access Statistics for this paper

More papers in Reports from Congressional Budget Office Contact information at EDIRC.
Bibliographic data for series maintained by ().