Atlanta Fed GDPNow Sees Economy Shrinking

Atlanta Fed GDPNow Sees Economy Shrinking After Friday Data
The US economy is setting up to take a major step back in the first quarter after a pair of reports showed weaker consumer spending and a dramatic widening of the trade deficit at the start of the year,
Closely watched Atlanta Fed GDP tracker sees U.S. economy contracting in first quarter
The Atlanta Fed’s GDPNow model on Friday lowered its forecast for the U.S. economy to a contraction at a 1.5% annual rate. This would be the first quarterly contraction in the economy since the first quarter of 2022.
Atlanta Fed predicts negative 1.5 percent GDP growth in first quarter
The Atlanta Federal Reserve is projecting a contraction of the nation’s gross domestic product (GDP) of 1.5 percent in the first quarter, flashing a warning sign for the U.S. economy. The projection is a significant shift for the Atlanta Fed over the last few weeks that comes a little more than a month after
Latest Data Suggest First-Quarter GDP Decline, Atlanta Fed Forecast Says
The Federal Reserve Bank of Atlanta just slashed its forecast to call for a decline in first-quarter gross domestic product. The Atlanta Fed’s GDPNow estimate forecasts a 1.5% decline in GDP, down from a Feb.
Atlanta Fed's forecast for Q1 economic growth just fell off a cliff
The latest reading from the Atlanta Fed's widely followed GDPNow indicator has just been published, and it appeared to confirm investors' fears that the [pace of U.S. economic growth might be slowing
Some Forecasts Now Think U.S. GDP Could Fall in the First Quarter
Wall Street and a closely watched forecasting tool both took a gloomier view of projected first-quarter U.S. economic growth after a pair of downbeat data releases Friday The GDPNow tracker published by the Atlanta Fed suggests first-quarter growth is running at a minus 1.
GDP: US economy grows at 2.3% annualized pace in fourth quarter, matching estimates
Projections show the economy growing at a steady pace in the current quarter, which ends in March. The Atlanta Fed GDPNow tracker currently projects the US economy is pacing for annualized growth of 2.3%. This is a breaking news post and will be updated with additional context.
Regional Fed bank sees negative growth rate in first quarter, first contraction in three years
The Atlanta Fed's GDPNow forecast for the first quarter was just revised to show a contraction at a 1.5% annual rate. This would be the first quarterly contraction in the economy since the first quarter of 2022.
Atlanta Fed president says Georgia's economy is stronger than many other states
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