The Traderszone Network

Published in TZ Latest News 2 September, 2016 by The TZ Newswire Staff

Atlanta Fed bumps up GDP forecast, NY Fed leaves estimate unchanged

Atlanta Fed GDPNow improves
The tracking estimate from the Atlanta Fed was bumped up to 3.5% from 3.2%.
“The forecast of the contribution of net exports to third-quarter real GDP growth increased from -0.38 percentage points to -0.16 percentage points after this morning’s international trade release from the U.S. Census Bureau,” the Atlanta Fed said.