The Atlanta Fed’s GDPNow estimate now predicts the U.S. economy will contract 2.8% in the first quarter. This is almost double last week’s prediction of a 1.5% drop. The projected drop is a ...

The Atlanta Fed's GDPNow model slid deeper into the red on Monday, estimating that Q1 GDP will sink 2.8% on a seasonally adjusted annual rate, from the 1.5% decline it estimated on Friday.

ATLANTA — A model utilized by the Federal Reserve Bank of Atlanta updated Thursday with a slightly improved economic forecast, though still more than 2% of GDP contraction. The Atlanta Fed's ...

ATLANTA — A model utilized by the Federal Reserve Bank of Atlanta updated Monday to forecast an even steeper economic contraction, after first showing negative growth in its update last Friday.

WASHINGTON (Reuters) - Atlanta Federal Reserve President Raphael Bostic said he anticipates slower progress on inflation in coming months and as a result now sees the Fed cutting its benchmark ...

The Atlanta Fed GDP now came in at -1.5% on Friday. At its previous update on Feb. 19, it showed expansion of 2.3%. The difference was that the contribution to growth from next exports plunged to ...