Federal reserve bank of Atlanta now shows latest GDP estimate of -1.2%


https://www.atlantafed.org/cqer/research/gdpnow#:~:text=Latest%20estimate%3A%20%2D1.2%20percent%20%E2%80%94,1.9%20percent%20on%20July%207

If I remember correctly, it was initially at -0.6% (Can't quite remember), then -2.1%, and now at -1.2%

Should we take these estimates with grain of salt?


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