Atlanta Fed predicts -1.5% GDP growth in first quarter. This is a dramatic departure from just last month when they predicted +3.9% growth.
The Atlanta Federal Reserve is projecting a contraction of the nation’s gross domestic product (GDP) of 1.5 percent in the first quarter, flashing a warning sign for the U.S. economy. The projection is a significant shift for the Atlanta Fed over the last few weeks that comes a little more than a month after President …