A Federal Reserve Bank of Atlanta algorithm indicates the economy is growing +2.2% this quarter, while a survey of leading economists predicts the economy will shrink about three-tenths of 1%. 

Consensus forecasts by economists are far from perfect. However, for years human forecasters have been more reliable than the GDPNow algorithm. In fact, over the years, GDPNow’s computer-driven forecast has been wildly wrong at times.