
Atlanta Fed GDPNow estimate for Q2 comes in at 3.8% down from 4.3%

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The Atlanta Fed's GDPNow model estimates Q2 growth at 3.8%, down from 4.3%. This adjustment follows recent data from the US Census Bureau and the US Bureau of Economic Analysis, which revised personal consumption expenditures growth from 2.9% to 2.6% and gross private domestic investment growth from 11.4% to 10.4%. The next update is scheduled for June 1.
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