Atlanta Fed: GDPNow model forecast for real GDP growth in Q3 steady at 2.7%

Eren Sengezer FXStreet

"The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2017 is 2.7 percent on October 18, unchanged from October 13," the Federal Reserve Bank of Atlanta announced on Wednesday.

The forecast of third-quarter real residential investment growth inched down from -4.1 percent to -4.3 percent after this morning's new residential construction release from the U.S. Census Bureau.

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Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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