Atlanta Fed GDPNow Q1 +2.5% vs +2.8% prior ...Middle East

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Atlanta Fed GDPNow Q1 +2.5% vs +2.8% prior
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Prior was 2.8%Trade will be a larger drag in Q1:"After this morning’s international release from the US Census Bureau and the US Bureau of Economic Analysis, the nowcast of the contribution of net exports to annualized first-quarter real GDP growth decreased from -0.48 percentage points to -0.57 percentage points." This article was written by Adam Button at www.forexlive.com.

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