In response to the revised CCAR BBB corporate yield historical data and forecasts issued by the Federal Reserve, state and metro area forecasts have been restated.
Although the BBB yield does not directly factor into any state and metro area forecasts, a number of related series that affect the regional models were adjusted in the U.S. macro forecast. For most series, the resulting changes are minor.
Note that all house price indexes, with the exception of Case-Shiller forecasts, have been updated as well. For a more detailed calendar of that and other forthcoming updates, please refer to the posted revision schedule.
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