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Atlanta Fed GDPNow remains steady at 3.5%. Tomorrow will be the last estimate for the 4Q.

Atlanta Fed GDPNow remains steady at 3.5%. Tomorrow will be the last estimate for the 4Q.

The Atlanta Fed GDPNow model projects the fourth-quarter GDP at 3.5%. That is unchanged from the yesterday's estimate. In their own words:

"The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2022 is 3.5 percent on January 19, unchanged from January 18 after rounding. After this morning’s housing starts report from the US Census Bureau, the nowcast of fourth-quarter real residential investment growth increased from -24.6 percent to -2... Read More

Posted: Jan 19 2023, 16:58
Author Name: forexlive
Views: 110744

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