Forex

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

.The GDP tracker from the Atlanta Fed is actually rising after today's around of data. It's up to 3.1% from 2.9%. After current releases coming from the US Demographics Bureau, the United States Bureau of Economic Review, as well as the National Affiliation of Realtors, a decline in the nowcast of real private consumption expenditures growth was more than offset by boosts in the nowcasts of genuine gross personal residential expenditure growth and the contribution of internet exports to third-quarter real GDP growth.This is a nice number.This write-up was actually composed by Adam Button at www.forexlive.com.