The Atlanta Fed GDPNow growth estimate for Q3 is unchanged at 3.2%.
In their own words:
The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2024 is 3.2 percent on October 9, unchanged from October 8 after rounding. After this morning’s wholesale trade release from the US Census Bureau, the nowcast of third-quarter real gross private domestic investment growth decreased from 3.4 percent to 3.3 percent.
The next GDPNow update is Thursday, October 17. Please see the “Release Dates” tab below for a list of upcoming releases.
This article was written by Greg Michalowski at www.forexlive.com.
