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.
Recent data has suggested the U.S. consumer may be weakening. Nonetheless this is not yet sufficient to challenge likely ...
We see increasing evidence to suggest that the current bull market may be losing momentum. Click here to find out more about ...
The Atlanta Fed’s GDPNow model estimate for annualized growth in the current quarter was a stunning -2.8% on Monday, down from +2.3% last week. A month ago the model showed that growth in the ...
The Citigroup Economic Surprise Index (CESI) has turned negative over the past few days and was -16.5 on Friday. Monday’s ...
The euro strengthened and European stocks rose on Monday after European leaders agreed to draw up a Ukraine peace plan, while ...
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