Atlanta Fed model forecasts NEGATIVE GDP growth in Q1 2025!
The Federal Reserve Bank of Atlanta's GDPNow model is anticipating US GDP (gross domestic product) to decline in 2025's first quarter.
This comes as the US Bureau of Economic Analysis's (BEA) second estimate of fourth quarter US gross domestic product (GDP) was unchanged from the advanced estimate, which had shown 2.3% annualized growth in last quarter.
Yahoo Finance host Julie Hyman explains the Atlanta Fed's latest growth forecast as economic data continues to come out.
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