The Atlanta Feds GDPNow model on Friday lowered its forecast for the U.S. economy to a contraction at a 1.5% annual rate. This would be the first quarterly contraction in the economy since the first … [+107 chars]
Closely watched Atlanta Fed GDP tracker sees U.S. economy contracting in first quarter - MarketWatch
This would be the first negative quarter in three years, and comes as talk of a possible recession picks up
By:Greg Robb
Source:MarketWatch
Published:
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