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Atlanta Fed Revises Q1 2025 GDP Growth to -3.7%

4/1/2025

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Summary

Story summary

The Atlanta Fed's GDPNow model now predicts a -3.7% GDP growth rate for Q1 2025, revised from -2.8%.
An alternative model, factoring in gold imports, forecasts a less severe decline of -1.4%.
Recent construction spending and manufacturing data significantly impacted these projections.
The next update is scheduled for April 3, 2025.

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Story summary

The Atlanta Fed's GDPNow model now predicts a -3.7% GDP growth rate for Q1 2025, revised from -2.8%.
An alternative model, factoring in gold imports, forecasts a less severe decline of -1.4%.
Recent construction spending and manufacturing data significantly impacted these projections.
The next update is scheduled for April 3, 2025.