Atlanta Fed GDPNow growth estimate for Q3 unchanged at 3.2%
globalreutersOctober 9, 20241 Mins read 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.
Recent Posts
Categories
Related Articles
Japan’s Top FX Diplomat Mimura: Closely watching FX moves with a high sense of urgency
Atsushi Mimura, Japan’s Vice Finance Minister For International Affairs and top foreign...
China state banks seen selling USD/CNY – intervention to slow yuan drop
They did the same yesterday. They won't stop a rampant US dollar,...
Australian Dollar remains tepid following a lower Trade Balance, Trump’s victory
The Australian Dollar (AUD) remains subdued against the US Dollar (USD) for...
Trump Victory Implications: Market Outlook and Sector Analysis
Abrdn plc (formerly Standard Life Aberdeen plc) is a United Kingdom-based investment...
Leave a comment