Atlanta Fed Revises Q2 GDP Estimates Lower to 0.9%, The 4th Straight Revision Lower – #marketnews

Atlanta Fed GDPNow real GDP estimate for Q2:

>5/17: 2.5%

>5/25: 1.8%

>6/1: 1.3%

>6/7:

>BREAKING: @AtlantaFed: "On June 7, the GDPNow model estimate for real GDP growth in the second quarter of 2022 is 0.9 percent, down from 1.3 percent on June 1.

> https://twitter.com/edwardnh/status/1534194970923507712?t=T4jtL4EhPSOX-LM-gZl8Ng&s=19