The underlying survey is published monthly. We do not display those published numbers. MIDAS turns each panel member's monthly quarterly forecast into a weekly series, and it is that weekly model output — refreshed every week — which is plotted here. For the week you select, each member's six quarterly levels are carried forward by that member's own MIDAS-estimated move since the anchor level.

Panel members are identified by number only. The mapping between a number and an institution is kept outside the application and is never sent to the browser.

Reading the six panels together is the core idea: at six quarters out opinion is diffuse and often multimodal, and it tightens toward a single peak as the horizon shortens. The point at which that consensus forms is the signal.