GDP Shocker: Atlanta Fed Calculates Q1 Growth Of Only 1.2%

GDP Shocker: Atlanta Fed Calculates Q1 Growth Of Only 1.2% (ZeroHedge, March 3, 2015):

While every other word from talking-heads and policy-makers relates various anecdotes (or simple lies) about US economic growth, The Atlanta Fed appears to have taken a ‘data-dependent’ perspective on the real economy (as opposed to smoke and mirrors). Based on their GDPNow “nowcasting” model, The Atlanta Fed projects Q1 2015 GDP growth os just 1.2% (less than half current sell-side economist consensus) and getting weaker…

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