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Atlanta Fed GDPNow forecast for 1Q GDP growth falls to 1.1%.
The Atlanta Fed GDPNow estimate for 1Q GDP growth fell to 1.1% from their last estimate of 2.5% released on April 18:In their own words:The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2023 is 1.1 percent on April 26, down from 2.5 percent on April 18. After recent releases the US Census Bureau and the US National Association of Realtors, the nowcasts of first-quarter real personal consumption expenditures growth and first-quarter real gross...
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Posted: Apr 26 2023, 16:18
Author Name: forexlive
Views: 081973