Forex

Atlanta Fed GDPNow Q3 projection +3.1% vs +2.9% prior

.The GDP tracker coming from the Atlanta ga Fed is actually climbing after today's round of data. It falls to 3.1% from 2.9%. After latest releases coming from the United States Census Bureau, the United States Bureau of Economic Review, as well as the National Association of Realtors, a downtrend in the nowcast of real private consumption expenditures development was actually much more than made up for by increases in the nowcasts of actual gross personal domestic financial investment growth and also the contribution of web exports to third-quarter true GDP growth.This is actually a nice number.This write-up was composed by Adam Switch at www.forexlive.com.