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Atlanta Fed GDPNow Increases To 3.9% For Q3

US DATA
  • The Atlanta Fed GDPNow sees a further boost for the still very early days of its Q3 tracker, revised up from 3.55% to 3.87%.
  • Still clearly a long way to go but if accurate it would mark an acceleration from the 2.4% correctly predicted for Q2 and 2.0% for Q1, and continue to run contrary to notable weakness in Gross Domestic Income in Q4/Q1.

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