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Atlanta Fed Q4 GDPNow tracker rises to +3.7% from +2.7%

Atlanta Fed Q4 GDPNow tracker rises to +3.7% from +2.7%

Some good economic data points today drove a jump in the Atlanta Fed GDPNow tracker for Q4 to +3.7% from +2.7%.

"After recent releases from the US Census Bureau, the US Bureau of Economic Analysis, and the National Association of Realtors, the nowcasts of fourth-quarter real personal consumption expenditures growth and fourth-quarter real gross private domestic investment growth increased from 3.4 percent and -0.2 percent, respectively, to 3.6 percent and 3.8 percent, respectively,... Read More

Posted: Dec 23 2022, 17:42
Author Name: forexlive
Views: 102880

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