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.