Forex

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

.The GDP tracker from the Atlanta Fed is actually climbing after today's sphere of records. It's up to 3.1% from 2.9%. After current releases coming from the United States Census Bureau, the United States Bureau of Economic Review, as well as the National Association of Realtors, a decrease in the nowcast of true individual consumption expenditures growth was actually more than made up for by rises in the nowcasts of actual total private residential financial investment growth and the addition of web exports to third-quarter genuine GDP growth.This is a good number.This write-up was composed through Adam Switch at www.forexlive.com.