Central Banks

Ticks up on the week.

The Atlanta Fed GDPNow estimate for 4Q GDP growth ticked up to 2.8% from 2.7% as reported on Friday.

In their own words:

The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2017 is 2.8 percent on January 10, up from 2.7 percent on January 5. The forecasts of the contributions of net exports and inventory investment to fourth-quarter real GDP growth increased from -0.63 percentage points and -0.46 percentage points, respectively, to -0.60 percentage points and -0.42 percentage points, respectively, after this morning’s report on import and export prices from the U.S. Bureau of Labor Statistics and this morning’s wholesale trade release from the U.S. Census Bureau.

The next estimate will be released on Friday.

Source link

Articles You May Like

London to Pre-NY Session Forex Livestream – 15 Sept 2020
FOREX STRATEGY – How To Trade Forex – Forex Tutorial
Most Accurate Binary And Forex Trend System Indicator| Attach With Metatrader 4| Free Download🔥🔥🔥
NZDUSD trades to highest level since April 2019, but backs off
Belly Forex Killer: Live trading and Belly System explained by Fundamental Pip Lord

Leave a Reply

Your email address will not be published. Required fields are marked *