This isn't going to improve the mood in markets but it still very early in the Q3 reporting cycle.Prior was 2.5%From the Atlanta Fed:"After this morning’s releases from the US Census Bureau and the Institute for Supply Management, the nowcasts of third-quarter real personal consumption expenditures growth and third-quarter real gross private domestic growth decreased from 3.8 percent and -0.1 percent, respectively, to 3.3 percent and -0.6 percent." This article was written by Adam Button at www.forexlive.com.
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