Atlanta Fed GDPNow tracker revised down to 2.8% from 2.9%


Atlanta Fed GDPNow

The Atlanta Fed GDPNow tracker moves to 2.8% from 2.9% last.

In their own words:

The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2022 is 2.8 percent on October 14, down from 2.9 percent on October 7. After recent releases from the US Bureau of Labor Statistics and the US Census Bureau, the nowcast of third-quarter real personal consumption expenditures growth decreased from 1.3 percent to 1.2 percent.

The next update will be on Wednesday, October 19



Source link

Related articles

Dow Inc. Thrives On Rising Hole Between US & Europe Pure Gasoline Costs (NYSE:DOW)

This text was written byObserveMy title is Zoltan Ban,  I've a BA in economics. I'm a private investor with 20 years of lively buying and selling expertise.Analyst’s Disclosure: I/we've got a useful lengthy...

US completes new wave of strikes on Iran, hits Bandar Abbas

Affirmation of a recent, sustained US strike marketing campaign, spanning two separate waves inside a single day, reinforces the market's current danger premium on oil tied to Strait of Hormuz safety. The focusing...

Blackrock CEO Larry Fink ‘Very Bullish’ on Markets as Bitcoin Stabilizes

Key TakeawaysFink expects a bullish wave of technology-driven productiveness and margin enlargement to gasoline markets over the subsequent 12 months.He mentioned bitcoin and crypto are extra secure after a leverage shakeout lowered extreme...

Whatnot Acquires Formed to Bolster AI-Powered Discovery Throughout Its Reside Commerce Platform – AlleyWatch

Whatnot, the dwell social commerce market, has acquired Formed, a New York-based AI startup that builds real-time rating programs for suggestions and search. Phrases of the transaction weren't disclosed. As a part of...
spot_img

Latest articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

WP2Social Auto Publish Powered By : XYZScripts.com