Atlanta Fed model forecasts nearly -3% GDP growth in first quarter of this year
The Atlanta Fed's GDPNow model had, up until the Feb. 28 update, been forecasting growth between 2-4% in line with most other models. A graph on the GDPNow page lists the "Blue Chip Consensus" average of the top 10 and bottom 10 forecasts at a slight tick more than 2% U.S. GDP growth for Q1 2025.
GDP, Consumer Spending
Commerce Secretary Howard Lutnick floated the notion on Sunday of excluding government spending data from the overall ...
That echoes a recent message from Elon Musk on, X, the social-media service he owns, in which the unofficial head of the ...
Government spending is tied up with consumer and business spending. Not reporting it as part of GDP would breach global accounting standards.
5hon MSN
Investors wary of President Trump's plan to add tariffs of 25% on imports from Mexico and Canada, as well as a negative GDP forecast.
The Atlanta branch of the Federal Reserve is now predicting that America’s GDP could decline by as much as 2.8 percent in the ...
4hon MSN
For the past three years, the Russians have been spending 10% of their GDP on defense,” Macron told the French Le Figaro outlet. “We need to prepare for what comes next, with an objective of 3% ...
10hon MSN
The Trump administration wants to create a separate report about the economy that strips out the impact of government ...
The 0.7% increase in gross domestic product (GDP) reported by national statistics bureau ISTAT, boosted by four more working ...
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