The U.S. economy is showing signs of improvement with the Atlanta Fed's GDPNow model projecting a growth rate of 2.5% to 2.8% for the first quarter of 2024. This is an increase from previous estimates and reflects positive contributions from various economic sectors.
Goldman ups to 2.5% -- and @AtlantaFed trims to 2.5%. https://t.co/QlX0XerQyL
Atlanta Fed GDPNow model estimate for Q1 GDP growth in is 2.5%, down from 2.8% on April 1. https://t.co/Oblk7wDR9M
US Atlanta Fed GDPNow Index Q1: 2.5% (prev 2.8%) https://t.co/GIJHH30kip
The most recent Atlanta Fed estimate for real US GDP quarterly growth in Q1 2024 is 2.8%. This is up from the 2.3% forecast seen just last week and well above economists' consensus of a 2.0% GDP growth in Q1 2024. The higher projection came after today’s better than expected… https://t.co/y1gkCQiQ7k
1Q Atlanta Fed GDPNow running 2.8% following stronger ISM, 1Q real personal consumption expenditures, 1Q real gross private domestic growth. US economy won't quit!
🇺🇸 United States Atlanta Fed GDPNow (Q1) $USD Actual: 2.8% 🟢 Expected: 2.3% Previous: 2.3%
No April fooling here: GDPNow model from @AtlantaFed has moved up to +2.8% (q/q ann.) for 1Q2024 … consumption’s contribution moved up while net exports & inventory change are still in negative territory https://t.co/TJBV23LuRw
1/3 Atlanta Fed GDPnow was updated Friday from 2.1% to 2.3%. Remember my analogy? Take your marathon pace and assume that pace to project your finishing time. This is no better/worse than any other method, but it does give a benchmark for discussing the state of the economy. https://t.co/m7pTZk2zF1
According to the Fed's latest projections, the U.S. economy is expected to expand by 2.1% in 2024, marking a significant improvement from the previous forecast of 1.4% Economists and market analysts have long anticipated the Fed's first interest rate cut, which is widely…