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Atlanta Fed GDPNow estimate for 3Q growth came in at 5.4% up from 5.1% previously

The Atlanta Fed GDPNow estimate for Q3 growth came in at 5.4%. That was higher than the 5.1% at its last estimate:In their own words:The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2023 is 5.4 percent on October 17, up from 5.1 percent on October 10. After recent releases from the US Bureau of Labor Statistics, the US Census Bureau, and the Federal Reserve Board of Governors, an increase in the nowcast of third-quarter real personal consump... Read More

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Posted: Oct 17 2023, 16:45

Author Name: forexlive

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