Atlanta Fed Boosts Second Quarter GDP Forecast to 4.8%

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Pete
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Atlanta Fed Boosts Second Quarter GDP Forecast to 4.8%

Post by Pete » Sat Jun 02, 2018 6:24 am

The U.S. economy is expanding at a 4.8 percent annualized rate in the second quarter, the Atlanta Federal Reserve’s GDPNow forecast model showed on Friday.

The forecast has been climbing higher following the release of a series of good economic data. On May 25, the measure foresaw four percent GDP growth. This rose to 4.7 percent Thursday and ticked even higher on Friday following the better than expected jobs report for May.

more----------------------> http://www.breitbart.com/big-government ... st-to-4-8/
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