Atlanta Fed's GDPNow Tracker Points To Second-quarter Growth Of 4.3%

By Steve Goldstein Markets MarketWatch Pulse

The Atlanta Fed tracker of gross domestic product points to a strong rebound for the second quarter after the slowest quarter in three years. The GDPNow model forecasts 4.3% growth. That would be the strongest growth since the 5% gain in the third quarter of 2014. The U.S. grew just 0.7% in the first quarter, the Commerce Department said last week.

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