The Atlanta Fed's GDPNow forecast for Q1 2024 remains at 2.5% growth after a slight revision following recent data. JPMorgan is revising its outlook for annualized real GDP growth next quarter from 0.5% to 1.5%.
US New York Fed Staff Nowcast Q1: 2.14% (prev 2.12%) https://t.co/olqyq3gFxc https://t.co/45nZ2S46Ns
JPMORGAN: "The continued strength in job growth, however, has led us to revisit our view that growth will step down materially in 2Q, and we are revising up our outlook for annualized real GDP growth next quarter from 0.5% to 1.5%."
🇺🇸 United States Atlanta Fed GDPNow (Q1) $USD Actual: 2.5% Expected: 2.5% Previous: 2.5%
Q1 2024 Atlanta Fed GDPNow updated to 2.5% https://t.co/ZxKVdstRmS
US Atlanta Fed GDPNow Q1: 2.5% (prev 2.5%) https://t.co/GIJHH2ZMsR https://t.co/3RI9j4NSRs
Atlanta Fed GDPNow looks for 2.5% growth in Q1 2024, revised slightly lower after yesterday's data https://t.co/kCkPTzWoKc