Treasury Secretary Scott Bessent is pouring cold water on the hot economic numbers of the Biden administration, claiming that growth was ‘brittle underneath’
As proof, Bessent claimed the bulk of the job growth over the past 12 months took place within government and in sectors like ...
Atlanta Fed shock sounds 'Trumpcession' warning: McGeever
The euro strengthened and European stocks rose on Monday after European leaders agreed to draw up a Ukraine peace plan, while ...
Tariffs, layoffs, and immigration — the triple threat to economic growth that has Wall Street worrying about the U.S. economy
Recent data from the Atlanta Fed suggests an economic contraction is in the cards for the first quarter of 2025. Uncertainty ...
Atlanta Fed predicts negative 1.5 percent GDP growth in first quarter
The Atlanta Federal Reserve is projecting a contraction of the nation’s gross domestic product (GDP) of 1.5 percent in the ...
Atlanta Fed's forecast for Q1 economic growth just fell off a cliff
The latest reading from the Atlanta Fed's widely followed GDPNow indicator has just been published, and it appeared to ...
Atlanta Fed GDPNow Sees Economy Shrinking After Friday Data
The US economy is setting up to take a major step back in the first quarter after a pair of reports showed weaker consumer ...
Closely watched Atlanta Fed GDP tracker sees U.S. economy contracting in first quarter
The Atlanta Fed’s GDPNow model on Friday lowered its forecast for the U.S. economy to a contraction at a 1.5% annual rate.
The first quarter is on track for negative GDP growth, Atlanta Fed indicator says
The central bank’s GDPNow tracker of incoming metrics is indicating that gross domestic product is on pace to shrink by 1.5%.
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 ...
New York Sun17h
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 ...
The state of the US economy, in 9 charts
President Donald Trump on Tuesday will address Congress for the first time in his second term, and he’ll do with an economy ...