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Atlanta Fed Predicting GDP Crash

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By:  John Russell  •  5 hours ago  •  4 comments


Atlanta Fed Predicting GDP Crash
 

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JohnRussell
Professor Principal
1  author  JohnRussell    5 hours ago
Atlanta Fed
@AtlantaFed
·
2h
On March 3, the #GDPNow model nowcast of real GDP growth in Q1 2025 is -2.8% : https:// bit.ly/32EYojR . #ATLFedResearch Download our EconomyNow app or go to our website for the latest GDPNow nowcast: https:// bit.ly/2TPeYLT .
 
 
 
Greg Jones
Professor Participates
1.1  Greg Jones  replied to  JohnRussell @1    4 hours ago

Do you even know what that forecast means?

 
 
 
Trout Giggles
Professor Principal
1.2  Trout Giggles  replied to  JohnRussell @1    4 hours ago

It's all Biden's fault

 
 
 
Nerm_L
Professor Expert
2  Nerm_L    4 hours ago

A 3 pct drop in GDP would amount to a $900 billion reduction in Federal spending.  Why would cutting the deficit in half be a bad thing?

 
 
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