Tags: atlanta | fed | gdp | growth | economy

Atlanta Fed Lowers Second-Quarter GDP Growth Estimate to 4.0 Percent

Atlanta Fed Lowers Second-Quarter GDP Growth Estimate to 4.0 Percent

Friday, 04 May 2018 07:24 AM

The U.S. economy is expanding at a 4.0 percent annualized rate in the second quarter in the wake of the latest data on domestic vehicle sales, trade balance and factory orders, the Atlanta Federal Reserve’s GDPNow forecast model showed on Thursday.

The latest estimate on gross domestic product growth was a tad lower than the 4.1 percent pace calculated on Tuesday, the Atlanta Fed said.

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Economy
The U.S. economy is expanding at a 4.0 percent annualized rate in the second quarter in the wake of the latest data on domestic vehicle sales, trade balance and factory orders, the Atlanta Federal Reserve’s GDPNow forecast model showed on Thursday.
atlanta, fed, gdp, growth, economy
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2018-24-04
Friday, 04 May 2018 07:24 AM
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