The Atlanta Fed's GDPNow forecast for the first quarter was just revised to show a contraction at a 1.5% annual rate. This would be the first quarterly contraction in the economy since the first ...
The Atlanta Fed's GDPNow tracker of incoming data is indicating that gross domestic product is on pace to shrink by 1.5% for the first quarter. While the tracker is volatile through the quarter and ...
Negative GDP growth… There are few phrases dreaded more in economic circles, not to mention in political ones. Yet that is what the United States of America has just confirmed occurred in its economy.
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