May 12, 2017 / 3:39 PM / 4 months ago

Atlanta Fed keeps U.S. second quarter GDP growth view at 3.6 percent

NEW YORK (Reuters) - The U.S. economy is forecast to expand at a 3.6 percent annualized pace in the second quarter following the release of April figures on domestic retail sales and consumer prices, the Atlanta Federal Reserve’s GDP Now forecast model showed on Friday.

The latest second-quarter gross domestic product estimate was unchanged from the one calculated on May 9, the Atlanta Fed said on its website.

Reporting by Richard Leong; Editing by Chizu Nomiyama

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