Atlanta Fed GDPNow Q4 2.0% vs 2.2% prior

HomeForex News

Atlanta Fed GDPNow Q4 2.0% vs 2.2% prior

The latest tracker is down to 2.0% from 2.2%.After recent releases from the US Census Bureau, the US Bureau of Labor Statistics, and the US Departmen

The latest tracker is down to 2.0% from 2.2%.

After recent releases from the US Census Bureau, the US Bureau of
Labor Statistics, and the US Department of the Federal Reserve Board of
Governors, the nowcast of fourth-quarter real gross private domestic
investment growth decreased from -0.8 percent to -1.8 percent.

The consensus is just below 1% but the Atlanta Fed tracker gets some extra attention because it did a great job of predicting strength in Q2.

www.forexlive.com

COMMENTS

WORDPRESS: 0
DISQUS: