Atlanta Fed GDPNow holds steady at +3.8% ...Middle East

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Atlanta Fed GDPNow holds steady at +3.8%

The latest Atlanta Fed GDP tracker matches the June 5 reading at 3.8%.

"After recent releases from the US Census Bureau and the US Bureau of Labor Statistics, a decrease in the nowcast of second-quarter real personal consumption expenditures growth from 2.6 percent to 2.5 percent was partly offset by an increase in the nowcast of real gross private domestic investment growth from -2.2 percent to -1.9 percent."

The next update is June 17.

    This article was written by Adam Button at www.forexlive.com.

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