Jason Furman (@jasonfurman) 's Twitter Profile
Jason Furman

@jasonfurman

Professor at Harvard. Teaches Ec 10, some posts might be educational. Also Senior Fellow @PIIE & contributor @nytopinion. Was Chair of President Obama's CEA.

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linkhttps://www.hks.harvard.edu/faculty/jason-furman calendar_today08-04-2011 13:22:58

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Jason Furman
@jasonfurman

8 days ago

Q2 GDP came in at a 3.0% annual rate. There were massive timing shifts that shifted reported growth from Q1 to Q2. The much better way to look at the data is averaging the two which is a 1.2% annual rate. That is well below the pace in 2024 or the Nov 2024 forecast for 2025-H1.

Q2 GDP came in at a 3.0% annual rate. There were massive timing shifts that shifted reported growth from Q1 to Q2. The much better way to look at the data is averaging the two which is a 1.2% annual rate. That is well below the pace in 2024 or the Nov 2024 forecast for 2025-H1.