Connect with us

Hi, what are you looking for?

Economy

Key Fed GDP tracker turns negative, signaling recession is here

The Atlanta Fed’s GDP Now model estimates -1.0% growth for Q2

Federal Reserve Bank of Atlanta Headquarters CC BY-SA 4.0 <https://creativecommons.org/licenses/by-sa/4.0>, via Wikimedia Commons

By Breck Dumas

FOXBusiness

The Federal Reserve’s key real-time model for tracking U.S. economic activity has turned negative, signaling that the nation could already have entered a recession.

The GDPNow gauge, a widely watched measurement from the Atlanta Federal Reserve Bank, indicated Thursday that real gross domestic product shrank by 1.0% in the second quarter from April through June.

Click the link below to read the rest of this story

https://www.foxbusiness.com/economy/key-fed-gdp-tracker-turns-negative-signaling-recession-here

Click here to get more news from the Bulldog

On the go, but don’t want to miss any Bulldog news? Go to the App Store and downloads apps for Bulldog Reports and The Bulldog Show to your Apple and Android mobile devices. It’s free!

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Bulldog Regional/Local

Kentucky State Police have confirmed they are conducting an investigation into the allegations

National News

By Mark Hansel Bulldog Report managing editor The inaugural Freedom Fest in Morning View, Kentucky, drew a crowd of thousands to the farm of...

Entertainment

Also , Begged Joe To Run For WH To Salvage His Own Reputation And Made Porn Films With Prostitutes. Forensic Experts Prove Laptop IS...

Health

Letter from St. E doctors and other healthcare professionals expresses strong opposition to mandate Deters law has received a copy of a letter from...