Rapid Update - An outlook for U.S. GDP
CNBC Rapid Update offers a new measure for how much an economic report changes the outlook on Wall Street for US growth forecasts. With each major report that impacts Gross Domestic Product, Moody's Analytics and CNBC measure how much the new data changes the average tracking forecast among a select group of Wall Street economists. A tracking forecast is an estimate for GDP that changes that changes with incoming data.
Updated: May 16, 2017
Source: CNBC/Moody's Analytics