White House Won’t Update Economic Projections

The White House typically releases a mid-year review in July or August, updating its projections on a variety of economic factors including unemployment, inflation, GDP growth and the size of the deficit. But for the first time in decades, the review will not be released this summer, according to The Washington Post Thursday.Administration officials say the coronavirus crisis has produced so much volatility in the economy that it’s too difficult to model the trends. Whatever the motivation