Atlanta Fed sees U.S. economy expanding at 4.2 percent in first quarter

Atlanta Fed sees U.S. economy expanding at 4.2 percent in first quarter

Bob Riha Jr

On Friday, the Commerce Department said its first estimate on U.S. gross domestic product growth for the fourth quarter was an annualized 2.6 percent, which was 0.8 percentage point lower than what the Atlanta Fed model had projected.

(Reporting by Richard LeongEditing by Chizu Nomiyama)

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