Economics @lemmy.ml humanspiral @lemmy.ca 12h ago

Atlanta Fed now forecasts a -2.8% shrink in GDP for Q1 2025

www.atlantafed.org GDPNow

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9h ago

Atlanta Fed predicts -2.8% GDP

www.atlantafed.org /cqer/research/gdpnow

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United States | News & Politics @lemmy.ml ☆ Yσɠƚԋσʂ ☆ @lemmy.ml 3d ago

Atlanta Fed's February 28th GDPNow model estimate for real GDP growth in the first quarter of 2025 is -1.5%, down from a +2.3% estimate on February 19.

www.atlantafed.org /cqer/research/gdpnow

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Had dropped to -1.5% on Friday after massive surge in imports ahead of tariffs. Drop this morning is due to Censusu bureau and ISM. Not clear what census bureau said, but ISM was just bad instead of terrible: https://www.fxstreet.com/news/ism-manufacturing-pmi-expected-to-show-modest-slowdown-in-us-factory-sector-in-february-202503030900