The Atlanta Fed GDPNow progress estimate for This autumn rose to 2.7%. In their very own phrases:
The GDPNow mannequin estimate for actual GDP progress (seasonally adjusted annual price) within the fourth quarter of 2023 is 2.7 % on December 19, up from 2.6 % on December 14. After current releases from the US Census Bureau and the Federal Reserve Board of Governors, the nowcast of fourth-quarter actual gross personal home funding progress elevated from 0.5 % to 0.8 %.
The following GDPNow replace is Friday, December 22. Please see the “Release Dates” tab under for an inventory of upcoming releases.
This text was written by Greg Michalowski at www.forexlive.com.
