OK, do the other 11 FedRes districts not make predictions like this? Why only the Atlanta one all the time?
If true, and the trend continues, the second year of Trump will propel the national economy to a level that could not possibly be countenanced in the days of the regime of the Former Occupant of the White Hut, 2009-2017.
New normal, anybody?
When the percentage of the national growth of GDP exceeds the percentage of the work force that is unemployed during any given quarter, then there must be some sort of metric for that.
They do. The Atlanta Fed's GDPNow is exactly that, the prediction at this moment in time. They were predicting 4.2% growth on Monday, 5.4% growth today. They could be predicting 3% growth in a month and 6% the month after that. It all depends on how the data changes over time.
If this prediction bears out, the Fed will raise interest rates as a buffer against inflation.