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Atlanta Fed Q1 GDP Forecasts Skyrockets To 5.4% As Manufacturing Payrolls Highest Since January 2009

This is a syndicated repost published with the permission of Snakehole Lounge- Online Course Notes for Financial Markets. To view original, click here. Opinions herein are not those of the Wall Street Examiner or Lee Adler. Reposting does not imply endorsement. The information presented is for educational or entertainment purposes and is not individual investment advice.

The Atlanta Fed’s  GDP forecast model for Q1 was just increased to 5.4%.

gdpnow-forecast-evolution (020118

This was the highest reading since December 2011. This looks like Q1 Real GDP should be pretty darn good!

fedqdpfore

One reason? US Manufacturing payrolls near 8 year high after best six months since 2014.

manujobsgrowth

It’s Willer Time!!!

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