Forex

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

.The GDP system coming from the Atlanta ga Fed is rising after today's round of records. It's up to 3.1% coming from 2.9%. After recent releases from the United States Census Bureau, the United States Bureau of Economic Analysis, as well as the National Organization of Realtors, a decrease in the nowcast of actual private intake expenditures growth was much more than offset by boosts in the nowcasts of actual gross exclusive domestic investment growth as well as the contribution of net exports to third-quarter real GDP growth.This is actually a wonderful number.This write-up was written through Adam Switch at www.forexlive.com.