One of Wall Street's most followed forecasts for the US economy is looking worse and worse

TrumpEvan Vucci/AP

The Atlanta Fed’s GDP now tracker projects 1.9% growth for the US economy in the first quarter. The tracker saw 5.4% growth in early February. President Donald Trump has touted 3% growth for his administration.

One model that forecasts the US economy’s performance saw another big downward revision on Wednesday.

The Atlanta Federal Reserve’s GDPNow model projects that gross domestic product will increase at a 1.8% annualized rate in the first quarter.

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