Atlanta Fed GDPNow +3.2% vs +2.7% prior ...Middle East

This is the highest reading so far for the GDP tracker, though it's still very early.The Atlanta Fed reports:"After this morning’s construction spending release from the US Census Bureau, and the Manufacturing ISM Report on Business from the Institute for Supply Management, the nowcasts of fourth-quarter real personal consumption expenditures growth and fourth-quarter real gross private domestic investment growth increased from 3.0 percent and 0.0 percent, respectively, to 3.4 percent and 1.2 percent.We won't get a Q1 GDP report until January 30. This article was written by Adam Button at www.forexlive.com.

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