Thursday , 7 November 2024
Home Forex Atlanta Fed GDPNow growth estimate for Q3 unchanged at 3.2%
Forex

Atlanta Fed GDPNow growth estimate for Q3 unchanged at 3.2%

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.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Gold price remains tepid despite a steady US Dollar ahead of Fed decision

Gold price (XAU/USD) extends its losses for the second successive session on...

PBOC governor Pan says will continue to implement supportive monetary policy

Will strengthen communication with marketsTo steadily promote opening up of China's financial...

Saudi Arabia Gold price today: Gold falls, according to FXStreet data

Gold prices fell in Saudi Arabia on Thursday, according to data compiled...

Chart Art: Potential Pullback Points After Bitcoin (BTC/USD) Hit Fresh Record Highs

Bitcoin was one of the biggest movers yesterday after Trump’s election win...