"US Trade Deficit Hits Atlanta Fed's Q2 GDP Forecast"

TL;DR
The Atlanta Fed's GDPNow forecast for Q2 2024 dropped from 3.5% to 2.7% due to a significant increase in the US trade deficit and weakening economic data, suggesting potential recession risks.
Topics:businesseconomics#atlanta-fed#economic-growth#economics#gdpnow-forecast#recession#us-trade-deficit
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