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4th Mar 2025 08:48USDaily Monitor

  • The near-3% annualized decline in GDP forecast by the Atlanta Fed’s model is far too downbeat.
  • Consumption will recover in February and GDPNow likely is misinterpreting the surge in gold imports.
  • The ADP and ISM services employment indicators are both unreliable guides to payrolls.

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Keywords for: 6 March 2025 US Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence