Atlanta Fed Forecasts Nominal Economic Revival After 2 Quarters of Recession

It was only days ago that a report at MarketWatch claimed the U.S. economy “supposedly shrank” during the first six months of 2022, but the nation’s economy was “primed to grow again in the third quarter.”

Maybe not.

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In fact, it would definitely not based on recent projections from the Atlanta Fed.

That organization has been reporting it expected negative “growth” for the third quarter. Then on Tuesday it changed its projection to include a fractional growth of 0.3%.

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