Wednesday, June 17, 2020
Atlanta Fed expects 45.5% GDP contraction in Q2
The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2020 is -45.5 percent
on June 17, down from -45.4 percent on June 16. After this morning’s
housing starts report from the U.S. Census Bureau, the nowcast of
second-quarter real residential investment growth decreased from -23.3
percent to -25.9 percent.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment