White House to skip expected mid-year economic projections -Washington Post

The White House will not release updated economic projections this summer, including federal deficit projections, in a break from long-standing practice, the Washington Post reported on Thursday.

The so-called mid-session review typically includes updated projections on unemployment, inflation, economic growth and other economic trends. But economic volatility amid the ongoing novel coronavirus pandemic made such modeling difficult, two unnamed White House officials told the Post. (Writing by Susan Heavey Editing by Chizu Nomiyama)