Atlanta Fed Q3 GDPNow 2.0% vs 2.5% prior

This isn’t going to improve the mood in markets but it still very early in the Q3 reporting cycle.

• Prior was 2.5%

From the Atlanta Fed:

“After this morning’s releases from the US Census Bureau and the
Institute for Supply Management, the nowcasts of third-quarter real
personal consumption expenditures growth and third-quarter real gross
private domestic growth decreased from 3.8 percent and -0.1 percent,
respectively, to 3.3 percent and -0.6 percent.”

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