Reopen growth strong
The Atlanta Fed GDPNow estimate for 2Q GDP growth dipped to 10.5% from 11% on May 7.
In their own words:
The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2021 is on May 14, down from 11.0 percent on May 7. After recent releases from the U.S. Bureau of Labor