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Atlanta Fed GDPNow Estimate Holding Steady

US

Atlanta Fed's latest GDPNow model estimate for real GDP growth in the first quarter of 2023 is holding steady to the prior read at 3.2%. The Atlanta Fed explains "an increase in the nowcast of GDP growth from 3.2 percent to 3.5 percent following the March 21 existing-home sales release from the National Association of Realtors was reversed after this morning’s advance manufacturing report from the US Census Bureau."

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