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Patrick Higgins
Policy Adviser, Economist, and creator of the GDPNow model at the Federal Reserve Bank of Atlanta. Expert in monetary policy, economic forecasting, and statistical modeling.
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May 22, 2025
• 30min
Will Q2 Be Officially A Recession? Atlanta Fed Economist Forecasts | Patrick Higgins
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Patrick Higgins is a Policy Adviser and Economist at the Federal Reserve Bank of Atlanta, known for his expertise in economic forecasting. He shares insights on the predicted 2.4% economic growth for Q2 2025 after a rocky Q1. The discussion dives into the importance of both hard and soft economic data in forecasting accuracy, the challenges of predicting recessions, and contrasts the Atlanta Fed's predictions with those of business economists. Patrick also explores the complexities behind GDP trends and the impact of consumer spending on the economy.
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