humanspiral@lemmy.ca to Economics@lemmy.ml · 14 days agoAtlanta Fed now forecasts a -2.8% shrink in GDP for Q1 2025www.atlantafed.orgexternal-linkmessage-square1fedilinkarrow-up110arrow-down12cross-posted to: hackernews@lemmy.bestiver.seusa@lemmy.mlworldnews@lemmygrad.ml
arrow-up18arrow-down1external-linkAtlanta Fed now forecasts a -2.8% shrink in GDP for Q1 2025www.atlantafed.orghumanspiral@lemmy.ca to Economics@lemmy.ml · 14 days agomessage-square1fedilinkcross-posted to: hackernews@lemmy.bestiver.seusa@lemmy.mlworldnews@lemmygrad.ml
minus-squarehumanspiral@lemmy.caOPlinkfedilinkarrow-up3·14 days agoHad dropped to -1.5% on Friday after massive surge in imports ahead of tariffs. Drop this morning is due to Censusu bureau and ISM. Not clear what census bureau said, but ISM was just bad instead of terrible: https://www.fxstreet.com/news/ism-manufacturing-pmi-expected-to-show-modest-slowdown-in-us-factory-sector-in-february-202503030900
Had dropped to -1.5% on Friday after massive surge in imports ahead of tariffs. Drop this morning is due to Censusu bureau and ISM. Not clear what census bureau said, but ISM was just bad instead of terrible: https://www.fxstreet.com/news/ism-manufacturing-pmi-expected-to-show-modest-slowdown-in-us-factory-sector-in-february-202503030900