The Atlanta Fed GDPNow tracker for Q2 was trimmed to 3.3% from 3.4% today. The economist consensus for Wednesday's advanced report is 3.0%. After recent releases from the US Census Bureau and the National Association of Realtors, the nowcast of third-quarter real gross private domestic investment growth decreased from 3.2 percent to 2.7 percent.That's some good growth but yesterday I wrote about the important question: What would it look like without deficits near 7% of GDP? This article was written by Adam Button at www.forexlive.com.
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