Post Tagged with: "personal consumption"

Source: CNBC

GDP is now projected to fall nearly 53% in the second quarter, according to a Fed gauge

CNBC


Economic activity in the second quarter has been cut by more than half, according to a tracker employed by the Atlanta Federal Reserve.

The GDPNow outlook is now showing a 52.8% tumble, following data Monday that U.S. manufacturing remains …

June 2, 2020 - 3:00 pm Closing Bell Story‎, Economy