Atlanta Fed Slashes GDP Forecast (Again), Expects First-Quarter GDP to Crater -2.825%. It was -1.5% last week, +2.3% the week before that

[https://www.atlantafed.org/cqer/research/gdpnow](https://www.atlantafed.org/cqer/research/gdpnow)

"The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2025 is **-2.8 percent** on March 3, down from -1.5 percent on February 28. After this morning’s releases from the US Census Bureau and the Institute for Supply Management, the nowcast of first-quarter real personal consumption expenditures growth and real private fixed investment growth fell from 1.3 percent and 3.5 percent, respectively, to 0.0 percent and 0.1 percen"