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The Atlanta Fed GDPNow estimate for 2Q growth rises to 2.7%

The Atlanta Fed GDPNow estimate for 2Q growth rises to 2.7%
The Atlanta Fed GDPNow estimate for 2nd quarter growth rose to 2.7% from 1.8% on May 1 as a result of her recent economic releases.In their own words:The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2023 is 2.7 percent on May 4, up from 1.8 percent on May 1. After recent releases from the US Census Bureau, the US Bureau of Economic Analysis, and the Institute for Supply Management, the nowcasts of second-quarter real personal consumption ex... Read More
Posted: May 4 2023, 15:46
Author Name: forexlive
Views: 102154

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