which is way above the consensus Wall Street estimates.
The first quarter GDP was affected by the reduction in government spending. It seems that increases in personal consumption and business investment are going to drive second quarter GDP significantly higher.
If the Atlanta Fed is even close to being right here, then Donald Trump, Scott Bessent and Howard Lutnick will have been proven right, and the United States will be the envy of the world.
Link: https://www.atlantafed.org/cqer/research/gdpnow