The Atlanta Fed’s GDPNow model sharply raised its Q2 US growth forecast to 3.8% annualized, citing a record drop in imports and a surge in net exports’ contribution, while private sector forecasts remain widely dispersed.
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#YonhapInfomax #GDPNow #AtlantaFed #USGDPGrowth #NetExports #ImportsDrop #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=65684
'GDPNow' Model Sees Sharp Upgrade in Q2 US Growth Forecast to 3.8%—Driven by Plunge in Imports
The Atlanta Fed’s GDPNow model sharply raised its Q2 US growth forecast to 3.8% annualized, citing a record drop in imports and a surge in net exports’ contribution, while private sector forecasts remain widely dispersed.