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The first quarter is on track for negative GDP growth, Atlanta Fed indicator says

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Summary
Nutrition label

86% Informative

The Atlanta Fed's GDPNow tracker of incoming data is indicating that gross domestic product is on pace to shrink by 1.5% for the first quarter .

Fresh indicators showed that consumers spent less than expected during the inclement January weather and exports were weak.

The gauge had pointed to GDP gains as high as 3.9% in early February but has been on a decline since then.

VR Score

92

Informative language

96

Neutral language

36

Article tone

formal

Language

English

Language complexity

52

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

2

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