The Blackest Black Box Mid-Session Review Ever
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I was looking to see what the Administration’s Mid-Session Review economic forecast looked like. Alas, courtesy of Jared Bernstein, I am disappointed. Did Vought et al. purge all the economists from the CEA, Treasury and OMB? The MSR:
We’ll have to take it that the Administration’s forecast is then the same as those released in April (which were finalized in November 2025). I reprise from this August post, modified to add in today’s NY Fed nowcast:
Figure 1: Reported GD
We’ll have to take it that the Administration’s forecast is then the same as those released in April (which were finalized in November 2025). I reprise from this August post, modified to add in today’s NY Fed nowcast:
Figure 1: Reported GD
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