The New York Stock Exchange in New York City on April 4, 2025. Samira Bouaou/The Epoch Times
U.S. economic growth prospects received a fresh boost this week as the Atlanta Federal Reserve nearly doubled its estimate for fourth-quarter output after a raft of strong data, while Fitch Ratings lifted its projections for full-year 2025 and 2026 growth after delayed government releases showed firmer economic momentum.
The Atlanta Fed’s closely watched GDPNow model lifted its estimate of fourth-quarter real gross domestic product (GDP) growth to 5.4 percent on Jan. 8, up from 2.9 percent a day earlier, after incorporating new data on trade, consumer spending, and services activity.We had a problem loading this article. Please enable javascript or use a different browser. If the issue persists, please visit our help center.
Read Full Article: https://www.theepochtimes.com/business/atlanta-fed-nearly-doubles-q4-growth-estimate-to-5-4-percent-after-strong-data-5968081/?utm_source=partner&utm_campaign=whatfinger
