Atlanta Fed Tracker Forecasts Paltry 0.2% Growth For The First Quarter

By Steve Goldstein Markets MarketWatch Pulse

The Atlanta Fed's tracker for first-quarter growth forecasts a mere 0.2% increase after the latest round of economic data. The 0.2% growth would be the worst showing in three years. The Atlanta Fed's GDPNow tracker was previously pointing to 0.5% growth. The Commerce Department releases its first estimate of first-quarter GDP on Friday.

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