FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Central Tendency, Midpoint: 1.85 Fourth Qtr. to Fourth Qtr. % Chg. as of 01-01-2022

Projections of real gross domestic product growth are fourth-quarter growth rates, that is, percentage changes from the fourth quarter of the prior year to the fourth quarter of the indicated year. Each participant's projections are based on his or her assessment of appropriate monetary policy. The range for each variable in a given year includes all participants' projections, from lowest to highest, for that variable in the given year; the central tendencies exclude the three highest and three lowest projections for each year. This series represents the midpoint of the central tendency forecast's high and low values established by the Federal Open Market Committee. Digitized originals of this release can be found at

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Last Value 1.85 Fourth Qtr. to Fourth Qtr. % Chg.
Latest Period 2022-01-01
Last Updated 2019-09-18 13:50:01-05
Frequency A
Average Growth Rate -5.52
Long Term Average 1.98
Value from 1 Year Ago 1.9
Change from 1 Year Ago -2.63
Unit Fourth Qtr. to Fourth Qtr. % Chg.
Adjustment Fourth Qtr. to Fourth Qtr. % Chg.

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