The Survey of Professional Forecasters is a quarterly survey of macroeconomic forecasts. Conducted by the American Statistical
Association and the National Bureau of Economic Research, it began in 1968 and was taken over by the Federal Reserve Bank
of Philadelphia in 1990.
The quarterly forecasts are a compilation of the economic predictions of more than 50 professional forecasters. These projections
for 2007 and 2008 come from the third-quarter 2007 report, issued in August 2007.
For more information on the
study or the latest quarterly forecasts is
available from the Federal Reserve Bank of
Philadelphia's Web site.