Top

The economy only grew 0.6 percent to start the year, says the Atlanta Fed

April 10, 2017

Via: CNBC
Category:

A year that was supposed to feature breakout economic growth may have started with little or none at all.

Gross domestic product likely rose just 0.6 percent in the first quarter, according to the latest projections Friday from the Atlanta Fed.

The central bank branch knocked its forecast in half following weakness from Friday’s nonfarm payrolls report and data earlier this week on vehicle sales and nonmanufacturing activity.

Read More on CNBC