The Livingston Survey 2022

• Main Authors: Anderson, S., Bovino, B., Brown, M., LAM, Thomas, al, et
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2022
• Subjects: Economic forecasting; GDP growth; real GDP; Finance and Financial Management; Growth and Development
• Online Access: https://ink.library.smu.edu.sg/skbi/21; https://ink.library.smu.edu.sg/context/skbi/article/1020/viewcontent/livdec22.pdf
• Institution: Singapore Management University

The 16 participants in the December Livingston Survey weakened their forecasts for real GDP growth, compared with their projections in the June 2022 survey. The forecasters, who are surveyed by the Federal Reserve Bank of Philadelphia twice a year, expect 2.0 percent annualized growth in real GDP during the second half of 2022. They project 0.4 percent annualized growth over the first half of 2023. The forecasters predict that real GDP will continue to decline and reach -1.0 percent annualized growth in the second half of 2023.