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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: locogringo who wrote (1364851)	6/30/2022 8:52:53 PM
From: locogringo	3 Recommendations Recommended By bjzimmy Honey_Bee IC720 Respond to of 1577102

The Recession Is Here: Atlanta Fed Predicts Negative Second Quarter Economic Growth READ MORE The U.S. economy is expected to contract in the second quarter, the latest estimate from the Federal Reserve Bank of Atlanta shows. The economy is expected to fall to a negative 1 percent annual rate in the April-to-June period, according to the Atlanta Fed Bank’s GDPNow model. That’s down from an 0.3 percent projection from earlier this week. The regional central bank cited the latest economic data from the U.S. government. Second-quarter real personal consumption expenditures fell to 1.7 percent, down from 2.7 percent. Real gross private domestic investment growth tumbled to minus 13.2 percent, down from minus 8.1 percent.