Blue Chip Economic Indicators has surveyed America's top business
economists, collecting their forecasts for the U.S. economic growth,
inflation, interest rates and a host of other critical indicators of future
business activity. We publish the panel members' predictions along with an
average, or consensus, of their forecasts for each variable. We've done this
because studies have repeatedly shown that combining the predictions of many
forecasters yields more accurate results over time than reliance on any single
forecaster.
This comprehensive Excel file contains all the consensus forecasts of U.S
quarterly economic activity published monthly in Blue Chip Economic
Indicators since 1980. Separate tables for each calendar year contain 24
sets of consensus forecasts, plus the Top 10 Average and Bottom 10 Average
forecasts of the quarterly change in variables for the current year and next.
The files are an invaluable tool for researchers that wish to test the ability
of forecasters to accurately predict future trends in economic growth,
inflation, industrial production, personal consumption, housing starts,
interest rates and other indicators of economic activity.
