I flagged that there was going to be a drop in this tracker due to soft inventory and trade data today and now we get the numbers as it's cut to 2.3% from 3.2%.
The Atlanta Fed said:
The consensus for tomorrow's report is 2.6% but there are downside risks to that now, which are downside risks to the US dollar. Given these skews, I would peg GDP at 2.2% tomorrow.
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