human1234 Posted April 1 Report Posted April 1 Atlanta Fed’s GDP estimate -3.7% [https://www.atlantafed.org/cqer/research/gdpnow](https://www.atlantafed.org/cqer/research/gdpnow) Atlanta Fed’s GDP estimate 8 weeks ago it was +3.9% 4 weeks ago it was +2.3% Last week it was -2.8% Today it stands at -3.7% How can we up this bad? Liberation day is tomorrow too. We're going to be liberated from our money. Edit. The Atlanta Fed GDPNow estimate is widely used and respected as a standard for real-time economic forecasting because of a few key reasons. The Federal Reserve Bank of Atlanta publicly shares the model’s methodology, updates, and the components behind each estimate. Unlike most other forecasts (which are updated monthly or quarterly), GDPNow is updated every time new relevant data is released, sometimes multiple times a week. Which is what just happened. It has a solid reputation for accuracy in estimating the direction and magnitude of GDP growth. https://www.reddit.com/r/stocks/s/w2Mk5rieLn 1 Quote
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.