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Atlanta Fed GDPNow estimate for Q3 stays unchanged at 4.9%

Atlanta Fed GDPNow estimate for Q3 stays unchanged at 4.9%
The Atlanta Fed model for Q3 growth remained elevated at 4.9% after the data released today. In their own words:The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2023 is 4.9 percent on October 5, unchanged from October 2 after rounding. After recent releases from the US Census Bureau, the Bureau of Economic Analysis, and the Institute for Supply Management, a decrease in the nowcast of third-quarter real personal consumption expenditures gr... Read More
Posted: Oct 5 2023, 16:08
Author Name: forexlive
Views: 112914

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