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[$$] As Economy Surges, Some Fear Slowdown Looms
Several closely watched models that track economic output point to the fastest growth since the third quarter of 2014, when the economy expanded at a 5.2% annualized rate. The Federal Reserve Bank of Atlanta’s GDPNow model estimates a seasonally adjusted annual growth rate of 3.8%, while forecasting firm Macroeconomic Advisers’ projection says gross domestic product looks to have expanded at a 4.8% rate. Only once in the 35 quarters since the recession ended has GDP growth exceeded the latter pace.
https://finance.yahoo.com/m/b589ec5...7/[$$]-as-economy-surges,-some.html?.tsrc=rss
Several closely watched models that track economic output point to the fastest growth since the third quarter of 2014, when the economy expanded at a 5.2% annualized rate. The Federal Reserve Bank of Atlanta’s GDPNow model estimates a seasonally adjusted annual growth rate of 3.8%, while forecasting firm Macroeconomic Advisers’ projection says gross domestic product looks to have expanded at a 4.8% rate. Only once in the 35 quarters since the recession ended has GDP growth exceeded the latter pace.
https://finance.yahoo.com/m/b589ec5...7/[$$]-as-economy-surges,-some.html?.tsrc=rss