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business

breaking news Atlanta Fed Q4 GDPNow tracker rises to +3.7% vs. +2.7%


A few good economic data points today sent the Atlanta Fed’s GDPNow tracker for the fourth quarter jumping to +3.7% from +2.7%.

“Following recent releases from the U.S. Census Bureau, U.S. Bureau of Economic Analysis, and the National Association of Realtors, nowcasts for fourth-quarter real growth in personal consumption expenditure and gross real growth in domestic investment private sector in the fourth quarter fell from 3.4% and -0.2%, respectively, to 3.6% and 3.8%, respectively,” the statement said.

Next week’s data schedule is quiet, but in early January we’ll start to get a better idea of ​​how the fourth quarter unfolded.


cnbctv18-forexlive-benzinga

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