Atlanta Fed raises U.S. first quarter GDP view to 2.4%
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E-mailNEW YORK (Reuters) - The U.S. economy grew at a 2.4% annualized rate in the first quarter as government data showed the U.S. trade deficit hit an eight-month low in February, the Atlanta Federal Reserve's GDPNow forecast model showed on Wednesday.
This was a tad quicker than the 2.3% pace for the first-quarter gross domestic product that the Atlanta Fed's GDP program calculated on April 8.
(Reporting by Richard Leong)
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