Forex

Atlanta Fed GDPNow Q3 foresight +3.1% vs +2.9% previous

.The GDP tracker from the Atlanta Fed is actually increasing after today's round of information. It's up to 3.1% from 2.9%. After latest releases coming from the US Census Bureau, the US Bureau of Economic Analysis, and the National Organization of Realtors, a decrease in the nowcast of real individual usage expenditures growth was greater than offset through rises in the nowcasts of genuine total exclusive residential financial investment development as well as the payment of net exports to third-quarter actual GDP growth.This is actually a great number.This write-up was created by Adam Button at www.forexlive.com.