New York Sun54m
Facing Dismal Economic Projections From Atlanta Fed, Commerce Secretary Proposes Major Change to GDP Reporting
The Atlanta branch of the Federal Reserve is now predicting that America’s GDP could decline by as much as 2.8 percent in the ...
Atlanta Fed's GDPNow Estimate Falls Again
The Federal Reserve Bank of Atlanta’s running forecast for first-quarter gross domestic product slid again on Monday. The Atlanta Fed’s GDPNow estimate now calls for a first-quarter GDP decline of 2.8 ...
Trump's first quarter of GDP is looking shaky. His allies are already trying to shoot the messenger.
Ernie Tedeschi, the chief economist of the White House Council of Economic Advisers under former President Joe Biden, pointed out that transfer payments from the government - Social Security, food ...
Atlanta Fed model forecasts nearly -3% GDP growth in first quarter of this year
The Atlanta Fed's GDPNow model had, up until the Feb. 28 update, been forecasting growth between 2-4% in line with most other ...
S&P 500: The U.S. Economy Is Deteriorating, The Equity Market Could Be Next
We see increasing evidence to suggest that the current bull market may be losing momentum. Click here to find out more about ...
S&P 500 Weighs Bad Economic News, Prospects For More Rate Cuts
The S&P 500 spent most of the trading week ending on 28 February 2025 on a downward trajectory. Click to read.
Gold Imports May Explain Surging U.S. Goods Deficit
Gold rose in early Asian trade. Goldman Sachs Research forecasts that gold will continue climbing up to $3,100/oz by the end of the year, supported by higher-than-expected central bank demand.
Atlanta Fed’s GDP Predictor Is Tanking. It’s All About Trade Wars.
The Atlanta Federal Reserve keeps a running tally of how it expects gross domestic product to perform in the current quarter. It just swung from solid growth to contraction. The reason could be down ...
Even in deep-red Trump country, business conditions are quickly collapsing as tariff fears cross party lines
"The uncertainty in tariff threats and general chaos of another Trump presidency is weighing heavy on our business." ...
Atlanta Fed model forecasts GDP contraction in 2025 Q1
On February 28, the #GDPNow model nowcast of real GDP growth in Q1 2025 is -1.5%: https://t.co/T7FoDdgYos. #ATLFedResearch ...
The US economy has suddenly been thrown into reverse as key GDP indicator flashes stunning negative forecast
The Atlanta Fed's GDP tracker now indicates the economy is headed for a 1.5% contraction in the first quarter, after showing ...
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FedEx Plane Catches Fire in Air Before Emergency Landing
A FedEx cargo plane has made an emergency landing after one of its engines caught fire mid-air after hitting a bird.