Is the US economy falling off a cliff right now?
GDPNow has a pretty solid track record in documenting the pace of the US economy in real time. It's flashing red right now. For now, some of this may be noise. But it could also point to a new trend.
Disclaimer: The information contained in this article is not and should not be construed as investment advice. This is my investing journey and I simply share what I do and why I do that for educational and entertainment purposes.
The Atlanta Fed GDPNow is currently crashing. It’s now predicting -2.8% 1Q25 annualized GDP growth, almost 7 (!) percentage points lower than just a month ago. What is going on?