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Atlanta Fed Revises Q1 2025 GDP Forecast to -2.4%

3/7/2025

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Story summary
  • The Atlanta Fed's GDPNow model revised its Q1 2025 forecast to a -2.4% GDP contraction, up from -2.8%.
  • Previous forecasts anticipated growth rates between 2-4%.
  • Recent data shows an uptick in personal spending and private investment.
  • The model relies exclusively on mathematical calculations, avoiding subjective influences.