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Atlanta Fed upgrades U.S. first-quarter GDP growth view to above 5 percent
Posted on 2/1/18 at 12:44 pm
Posted on 2/1/18 at 12:44 pm
LINK
quote:
The U.S. economy is on track to grow at a 5.4 percent annualized rate in the first quarter following the latest data on manufacturing and construction spending, the Atlanta Federal Reserve’s GDPNow forecast model showed on Thursday.
quote:
The latest estimate on gross domestic product was faster than the 4.2 percent growth pace calculated on Monday, the Atlanta Fed said.
5
Posted on 2/1/18 at 12:45 pm to Bunyan
Heard this on Rush as well. Would be absolutely amazing. Bad for Dems at midterms. In fact, couldn't think of a worse scenario for them. 
Posted on 2/1/18 at 12:46 pm to Tridentds
Incredible how many of you listen to rush lol
Posted on 2/1/18 at 12:48 pm to olddawg26
quote:
Incredible how many of you listen to rush lol
So are you disputing the Fed or Rush reporting it?
Posted on 2/1/18 at 1:22 pm to olddawg26
So are you saying this is fake news?
Posted on 2/1/18 at 1:32 pm to olddawg26
quote:
olddawg26
Would you like this to be bad news?
Posted on 2/1/18 at 1:36 pm to olddawg26
that's your comeback?
Posted on 2/1/18 at 1:46 pm to olddawg26
quote:
Incredible how many of you listen to rush lol
YUGE BUMP for those that didn't listen to him today!!!!!
Posted on 2/1/18 at 1:51 pm to Bunyan
looking likely to be a pretty good quarter by all accounts
ny fed also currently projecting 3.1, wsj forecast team projecting 2.6
ny fed also currently projecting 3.1, wsj forecast team projecting 2.6
Posted on 2/1/18 at 1:52 pm to 90proofprofessional
Remind me again, what was Barry’s best single quarter? 2.8?
Posted on 2/1/18 at 1:52 pm to Bunyan
Posted on 2/1/18 at 1:56 pm to teke184
i'll tell you this: there was a year under him that was better than 2.8
any more than that, look it up yourself
any more than that, look it up yourself
Posted on 2/1/18 at 2:07 pm to Bunyan
There's so much going on the PT today, I had to reread this news!
Posted on 2/1/18 at 2:46 pm to Bunyan
It's very early for these kinds of projections. We don't even know what last quarter or last year was for that matter. Nice, but don't get ahead of yourself. 
Posted on 2/1/18 at 3:11 pm to seawolf06
quote:
Nice, but don't get ahead of yourself.
true, but atl fed has been pretty decent. if you look at their projections & those of the wsj team it's been pretty useful
unfortunately right now those two groups' projections are pretty far apart but like you say, it's early in the quarter
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