Following in the present day’s knowledge slate, the Atlanta Fed tracker is right down to 2.3% from 2.5%.

“A lower within the nowcast of first-quarter actual private consumption
expenditures progress from 2.9 % to 2.2 % was barely offset
by will increase within the nowcasts of first-quarter actual gross non-public
home funding progress and first-quarter actual authorities spending
progress from 1.7 and a pair of.4 %, respectively, to three.0 and a pair of.7 %,” the discharge mentioned.

That brings the Atlanta Fed tracker usually into line with the economists’ consensus.

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