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Atlanta Fed model forecasts nearly -3% GDP growth in first quarter of this year

  • The Federal Reserve Bank of Atlanta has estimated a GDP growth rate of-2.8% for the first quarter of 2025, down from previous estimates of-1.5%.
  • The Institute for Supply Management reported that the manufacturing index dropped from 50.9 in January to 50.3 in February, contributing to this GDP decline.
  • Finance expert Kevin Thompson stated that Trump should be 'very concerned' about the negative GDP data, indicating rising economic uncertainty.
  • Trump stated that tariffs with Canada and Mexico would resume, which may impact consumer spending and economic uncertainty.
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Daily KosDaily Kos

Atlanta Fed says US economy will shrink 2.8% in Q1 2025: Trumponomics - what did you expect?

“A second marriage is a triumph of hope over experience” ― Samuel Johnson An economy racing toward an iceberg On Monday, the Atlanta Fed revised downward its already pessimistic estimate of the US GDP's performance in Q1 2025. Last week, it predicted...

·United States
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Raw StoryRaw Story

Atlanta Fed posts alarming new economic projection of Trump's first quarter

The Atlanta Federal Reserve on Monday produced a new projection that the American economy would shrink by nearly three percent in the first quarter of President Donald Trump's second term.Specifically, the Atlanta Fed now projects that the economy will shrink by 2.8 percent in Q1 2025, which actuall...

·United States
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NewsweekNewsweek

Trump gets economic red flag one day before address to Congress

The Federal Reserve Bank of Atlanta said on Monday that the U.S. GDP may be on track to drop in Q1.

·United States
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11ALIVE11ALIVE

Atlanta Fed model forecasts nearly -3% GDP growth in first quarter of this year

The GDPNow model utilized by the Federal Reserve Bank of Atlanta is forecasting a steep contraction in GDP growth in Q1 2025.

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Barron'sBarron's

Atlanta Fed's GDPNow Estimate Falls Again

The Federal Reserve Bank of Atlanta’s running forecast for first-quarter gross domestic product slid again on Monday. The Atlanta Fed’s GDPNow estimate now calls for a first-quarter GDP decline of 2.8%, down from a decline of 1.5% on Friday. As recently as Feb. 19, GDPNow predicted growth of 2.3%.

·New York, United States
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altnews.orgaltnews.org

Atlanta Fed Slashes GDP Forecast (Again) After Small Dip In ISM Manufacturing Survey – altnews.org

In the peace of two business days, The Atlanta Fed’s GDPNOW forecast for Q1 2025 has collapsed from +2.33% to

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Barron's broke the news in New York, United States on Monday, March 3, 2025.
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