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“The initial GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2019 is 0.3 percent on March 1,” the Federal Reserve Bank of Atlanta reported on Friday.

“The initial estimate of fourth-quarter real GDP growth released by the U.S. Bureau of Economic Analysis on February 28 was 2.6 percent, 0.8 percentage points above the final GDPNow model nowcast released the previous day.”