Atlanta Fed GDPNow forecast leaps to 2.6% from 1.2% ...Middle East

It's tough to ignore the Atlanta Fed's GDP tracker after it correctly predicted a super-strong GDP report in Q3 far before economists.Now it's hinting at strength again with the tracker rising to 2.6% from 1.2% a week ago.After recent releases from the US Census Bureau, the US Bureau of Labor Statistics, and the US Department of the Treasury's Bureau of the Fiscal Service, the nowcasts of fourth-quarter real personal consumption expenditures growth, fourth-quarter real gross private domestic investment growth, and fourth-quarter real government spending growth increased from 1.9 percent, -3.0 percent, and 3.1 percent, respectively, to 3.0 percent, 0.5 percent, and 3.6 percent, while the nowc

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