The Atlanta Fed's latest model estimates a 52.8% GDP contraction this quarter as the US grapples with COVID-19 | Markets Insider

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The Atlanta Fed's latest model estimates a 52.8% GDP contraction this quarter as the US grapples with COVID-19 | Markets Insider
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The Atlanta Fed's latest model estimates a 52.8% GDP contraction this quarter as the US grapples with COVID-19

" of real gross domestic product growth estimates the nation's economy will contract 52.8% in the current quarter.

The Fed also considered the Census Bureau's recent construction report, which showed spending dropping 2.9% in April. GOLDMAN SACHS: Buy these 25 beaten-down stocks all poised to jump more than 18% from current levels

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