Home
 
Choose Your City
Change City

Atlanta Fed raises U.S. first-quarter GDP growth view to 2.4 percent

Reuters

NEW YORK (Reuters) - The U.S. economy is on track to grow at a 2.4 percent annualized pace in the first quarter following the latest data on domestic housing starts, the Atlanta Federal Reserve's GDP Now forecast model showed on Thursday.

The latest fourth-quarter GDP estimate was higher than the 2.2 percent growth rate calculated on Wednesday, the Atlanta Fed said on its website.

(Reporting by Richard Leong)

 

Consider AlsoFurther Articles