> GDPNow is an excellent tracking model, however, the January surge in imports - especially for gold - caused the model to move negative. As the Atlanta Fed noted: "the contribution of net exports to first-quarter real GDP growth fell from -0.41 percentage points to -3.70 percentage points".

Anyone know what's up with the surge of gold imports? We don't have gold tariffs, right? Are people hedging against the dollar's instability?