Stalled outYou probably saw this but the Atlanta Fed came out with its first Q1 GDPNow estimate. And it's starting at a 0.3% level. Here's the chart.
GDPNow is a nowcast. So it can change dramatically. And it isn't always very close to the eventual GDP growth number. But, 0.3% is about as low as ...
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Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He has also been a regular economic and financial commentator in print and on television for the past decade. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.