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How Much Will Q2 GDP Grow?

How Much Will Q2 GDP Grow?

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During much of last quarter, the Atlanta Fed’s GDPNow model indicated an annual rate over 10% for the second quarter, but last Friday, they downgraded their estimate to the lowest number we’ve seen since the quarter began – an annual pace of just 7.8%, down from +8.6% on July 2.

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