GDP Now

February 12th, 2016 11:51 am | by John Jansen |

The Atlanta Fed GDP Now model shows Q1 2016 running at 2.7 percent. Recessions are made with decidedly less sterner (economic) stuff than that.

Via the Atlanta Fed:

Latest forecast — February 12, 2016

The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2016 is 2.7 percent on February 12, up from 2.5 percent on February 9. After this morning’s retail sales report from the U.S. Census Bureau, the forecast for first-quarter real consumption growth increased from 3.0 percent to 3.2 percent.

 

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