December 01, 2022 18:23 GMT
Atlanta Fed GDPNow: Sharp Decline, Bonds Extend Session Highs
US TSY FUTURES
Latest Atlanta Fed GDPNow shows sharp decline to 2.8% from 4.3% prior on Nov 23!
- Atlanta Fed reports a "decrease in the nowcast of fourth-quarter real personal consumption expenditures growth from 4.8 percent to 3.2 percent was slightly offset by an increase in the nowcast of fourth-quarter gross private domestic investment growth from 1.0 percent to 2.0 percent.
- In addition, the nowcast of the contribution of the change in real net exports to fourth-quarter real GDP growth decreased from 0.64 percentage points to 0.16 percentage points.
Atlanta Federal Reserve