Published 1 year ago

Atlanta Fed GDP tracker shows the U.S. economy is likely in a recession

Summary by The Daily Wire

A key data tracker used by a branch of the Federal Reserve indicates that the United States economy is showing the negative growth seen in the first quarter continued, meaning the U.S. economy is in a recession. On Friday, CNBC reported that the Atlanta Federal Reserve’s GDPNow tracker — a tool that monitors and reports economic data in-real time — estimated that U.S. second-quarter growth shrank by 2.1%.

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Washington Times

U.S. could already be in recession, according to Atlanta Fed estimate

The U.S. could be in a recession, according to a new estimate from the Federal Reserve Bank of Atlanta.

1 year ago·United States

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CNBC

Atlanta Fed GDP tracker shows the U.S. economy is likely in a recession

A Federal Reserve tracker of economic growth is pointing to an increased chance that the U.S. economy has entered a recession.

1 year ago·United States

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IBTimes

Has A Recession Begun In The US? Atlanta FED Says It Is Already Here

The Atlanta Fed warned that a recession is already here, as many still assert that the U.S. economy is strong.

1 year ago·United States

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Political Wire

Atlanta Fed Tracker Suggests U.S. Is In Recession

“A Federal Reserve tracker of economic growth is pointing to an increased chance that the U.S. economy has entered a recession,” CNBC reports.“The Atlanta Fed’s GDPNow measure, which tracks economic data in real time and adjusts continuously, sees second-quarter output contracting by 2.1%. Coupled with the first-quarter’s decline of 1.6%, that would fit the technical definition of recession.”

1 year ago·New York, United States

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The Gateway Pundit

BREAKING: BIDEN ECONOMY Officially in Recession - Key Fed GDP Tracker Turns Negative

A key Fed Indicator just turned negative indicating what TGP has warned about for months. The US in officially in a recession. TGP has for months warned that the Biden economy is facing a recession. Now it has finally landed. BIDEN ECONOMY: Retail and Auto Sales Are Down, Layoffs Announced, A Recession is in the…

1 year ago·United States

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The Daily Wire

We May Already Be In A Recession, Key Fed Tracker Shows

A key data tracker used by a branch of the Federal Reserve indicates that the United States economy is showing the negative growth seen in the first quarter continued, meaning the U.S. economy is already in a recession.On Friday, CNBC reported that the Atlanta Federal Reserve’s GDPNow tracker — a tool that monitors and reports economic data in-real time — estimated that U.S. second-quarter growth shrank by 2.1%. On Thursday, GDPNow estimated th…

1 year ago·Los Angeles, United States

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