U.S. on track to grow 2.2 percent in second quarter: Atlanta Fed

U.S. on track to grow 2.2 percent in second quarter: Atlanta Fed

Brendan McDermid

This was a tad stronger than the regional Fed's prior estimate on June 25 of a 2.1 percent rise in the gross domestic product in the second quarter, the Atlanta Fed said on its website.

The Atlanta Fed model's forecast on second-quarter GDP has risen from its initial estimate of a 0.9 percent rise on April 30.

(Reporting by Richard Leong; Editing by Chizu Nomiyama)

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