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,
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.
The first quarter is on track for negative GDP growth, Atlanta Fed indicator says
The central bank's GDPNow tracker of incoming metrics is indicating that gross domestic product is on pace to shrink by 1.5%.
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 president urges innovative homebuilding to combat local housing shortage
Federal Reserve Bank of Atlanta President and CEO Raphael Bostic advocated for more innovative housing solutions to help ...
Atlanta Journal-Constitution9h
Tariffs will raise prices, it’s just a matter of how much, Atlanta Fed says
The proposed tariffs on China, Mexico, Canada and other U.S. trading partners could raise prices for consumers on everyday items by up to 2.6%, according to a new study.
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Fed Paper Finds Tariffs May Raise US Consumers’ Everyday Costs
President Donald Trump’s proposed tariffs on imports from China, Mexico and Canada could lead US consumers to face higher ...
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Rick Scott & Liz Warren call out ‘culture of corruption’ in letter to Fed Chair Powell
Florida GOP Sen. Rick Scott and Massachusetts Democratic U.S. Sen. Elizabeth Warren are demanding answers from Federal ...
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State banking advocate: Consolidation would hurt small banks
Brandon Milhorn warned that merging federal bank regulators would weaken state oversight, harm community banks, and erode the ...
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Federal Reserve Bank of Atlanta GDPNow
Fresh doubts are bubbling as the market reconsiders a range of risk factors, including renewed skepticism about the Federal Reserve’s commitment to... PCE Inflation: Will Core Data Validate Bets ...