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Atlanta Fed Q4 GDPNow +1.2% vs +2.3% previously

The Atlanta Fed GDPNow tracker got plenty of attention ahead of last week's GDP report because it was persistently on the high side and that proved to be right.Now, it's downshifting significantly and sees 1.2% growth in Q4.After this morning’s construction spending release from the US Census Bureau and the Manufacturing ISM Report On Business from the Institute for Supply Management, the nowcasts of fourth-quarter real personal consumption expenditures growth and fourth-quarter real gross pr... Read More

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Posted: Nov 1 2023, 18:22

Author Name: forexlive

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