By Dan Calabrese —— Bio and Archives--June 2, 2017
We're probably getting a little ahead of ourselves here, since there are often predictions of this nature that turn out wrong. And the second quarter still has a month to go. But look what the Atlanta Federal Reserve thinks is going to happen:
The U.S. economy is expected to grow at a 4.0 percent annualized pace in the second quarter based on the latest data on factory activity, construction and consumer spending released this week, the Atlanta Federal Reserve's GDP Now forecast model showed on Thursday. The latest second-quarter gross domestic product estimate was faster than the 3.8 percent clip calculated on Tuesday, the Atlanta Fed said.
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