The Traderszone Network

Published in TZ Latest News 17 November, 2016 by The TZ Newswire Staff

Atlanta Fed’s GDPNow raised to 3.6% vs 3.3% prior

Latest update from the Atlanta Fed’s GDP model
“The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2016 is on November 17, up from 3.3 percent on November 15. The forecast of fourth-quarter real residential investment growth increased from 4.5 percent to 10.8 percent after this morning’s new residential construction report from the U.S. Census Bureau.”