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Atlanta Fed GDPNow: Sharp Decline, Bonds Extend Session Highs

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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

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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