BUSINESS Atlanta Fed sees US economy growing at 4.1 percent in second quarter

BUSINESS

Atlanta Fed sees US economy growing at 4.1 percent in second quarter

Reuters

06:22, May 01, 2018

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Model S side panels await installation at Tesla's factory in Fremont, California, June 22, 2012. (Photo: Reuters)

The US economy is expanding at a 4.1 percent annualized clip in the second quarter, the Atlanta Federal Reserve’s GDPNow forecast model’s first estimate of economic growth in the current quarter released on Monday.

The model’s estimate on gross domestic product followed the government’s advance reading of first-quarter growth of 2.3 percent released on Friday.


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