April 30, 2018 / 4:08 PM / 21 days ago

Atlanta Fed sees U.S. economy growing at 4.1 percent in second quarter

NEW YORK (Reuters) - The U.S. 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.

FILE PHOTO: Model S side panels await installation at Tesla's factory in Fremont, California, June 22, 2012. REUTERS/Noah Berger/File Photo

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.

Reporting by Richard Leong

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below