March Flash Vintage of U.S. Monthly GDP Visualizes 2020 First Quarter Growth at 0.9%

e-forecasting.com's flash vintage of U.S. monthly-GDP™, fell in March to $19,230 billion of chained 2012 dollars, expressed at seasonally adjusted annual rates.

For monthly frequency, the annualized rolling three-month growth rate in monthly-GDP™, a monthly equivalent to quarterly-data growth rate, posted a reading of (+0.9%) in the three months to March 2020.

Based on the latest estimate of monthly GDP, the upshot from the predictive intelligence model, published today in the Monthly GDP Digest, envisions "...a probability for the national economy to be in recession at 27% in March, up from 14.9% in February…", said Evangelos Otto Simos, editor-in-chief of the Digest and professor at the University of New Hampshire.

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