Continued Robust Economic Growth

After the first quarter’s robust economic growth, the second quarter appears to be on track for a repeat. Gross Domestic product (GDP) rose 6.4% for the three months ending March 31, and the Atlanta Federal Reserve now estimates that the growth rate will rise to 7.8% for the quarter ending June 30. GDP is a key measure of economic activity, and although official numbers are often not released until well into the following quarter, the measure is a widely-followed barometer of our economic health.

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