6 Articles
6 Articles
Atlanta Fed’s GDPNow Projects 3.7% GDP Contraction in First Quarter
The Federal Reserve Bank of Atlanta’s GDPNow model is now projecting a 3.7% contraction in US economic activity for the first quarter of 2025, according to data released on April 1. The estimate represents a significant deterioration from the -2.9% reading reported just days earlier on March 28, suggesting rapidly worsening economic conditions as the quarter concluded. On April 1, the #GDPNow model nowcast of real GDP growth in Q1 2025 is -3.7%…
Soothe Me? Q1 GDP Now At -2.8% As 10Y Treasury Yield Falls To 4.157% (Recession Jitters?)
Soothe me? As we move further away from Sleepy Joe’s horrid economic policies, we should see an improvement in GDP from the current Atlanta Fed GDP Now Q1 Forecast of -2.8%. The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2025 is -2.8 percent on March 28, down from -1.8 percent on March 26. The alternative model forecast, which adjusts for imports and exports of gold as described here, is -…
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