Atlanta Fed GDPNow Q4 2.0% vs 2.2% prior ...Middle East

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Atlanta Fed GDPNow Q4 2.0% vs 2.2% prior
The latest tracker is down to 2.0% from 2.2%.After recent releases from the US Census Bureau, the US Bureau of Labor Statistics, and the US Department of the Federal Reserve Board of Governors, the nowcast of fourth-quarter real gross private domestic investment growth decreased from -0.8 percent to -1.8 percent.The consensus is just below 1% but the Atlanta Fed tracker gets some extra attention because it did a great job of predicting strength in Q2. This article was written by Adam Button at www.forexlive.com.

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