Atlanta Fed GDPNow for Q4 Drops To 2.7%

Fed

According to the Federal Reserve Bank of Atlanta’s GDPNow model, the US economy is expected to grow at an annualized rate of 2.7% in the fourth quarter, down slightly from 2.8% in the previous estimate.

“After this morning’s housing starts report from the US Census Bureau, the now cast of fourth-quarter real residential investment growth decreased from -21.2% to -21.5%,” the Atlanta Fed explained in its publication.

This report doesn’t seem to be having a significant impact on the US Dollar’s performance against its major rivals. As of writing, the US Dollar Index was down 0.7% on the day at 103.95.

This Post Has 2 Comments

  1. https://vistara.top/

    Wow, fantastic blog format! How lengthy have you been running a blog for?

    you made running a blog look easy. The whole glance of your web site is
    excellent, let alone the content material! You can see similar here e-commerce

Leave a Reply

Contact Us

Disclaimer

Forex, Crypto, Options, and Binary Options have both large potential rewards and large potential risks. Therefore, before investing or trading any of the assets, ensure you are aware of and willing to accept the accompanying risks. Do not trade money you cannot afford to lose.

All Rights Reserved. None of the content of this website can be published elsewhere by any means without the prior consent of the owner(s). Please, check our terms & conditions and privacy policy before continuing to use this website.

This website and its owner(s) are not in any way liable for any incurred loss, whether caused by the information provided on this website or otherwise. The use of this website, including the content and information provided, is the user’s sole liability.