5mo ago

-1.5% GDP growth this Quarter in Burgerlandia

www.atlantafed.org

GDPNow

This is either great news or bad news depending on where you live in the world lol

United States | News & Politics @lemmy.ml

☆ Yσɠƚԋσʂ ☆ @lemmy.ml

5mo 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

3 comments

LINE GO DOWN 😭
Is it happening?
Net exports go flatus...
the nowcast of the contribution of net exports to first-quarter real GDP growth fell from -0.41 percentage points to -3.70 percentage points while the nowcast of first-quarter real personal consumption expenditures growth fell from 2.3 percent to 1.3 percent.