Atlanta Fed GDPNow estimate remains unchanged at 2.1% for Q4 ...Middle East

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Atlanta Fed GDPNow estimate remains unchanged at 2.1% for Q4
The Atlanta Fed is out with its most recent modeled growth forecast for Q4. In their own words:The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2023 is 2.1 percent on November 8, unchanged from November 7 after rounding. After this morning's wholesale trade report from the US Census Bureau, the nowcast of fourth-quarter real gross private domestic investment growth decreased from -1.0 percent to -1.1 percent.The next GDPNow update is Wednesday, November 15. Please see the "Release Dates" tab below for a list of upcoming releases.The Atlanta Fed model in Q3 forecast growth at 5.4%. The actual growth came in at 4.9%. The prior two quarter

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