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Atlanta Fed GDPNow Starts Q3 Tracking At 3.5%

US DATA
  • Clearly take with a large pinch of salt being the very first reading for the Q3 vintage, but the Atlanta Fed GDPNow has opened up with a +3.5% increase for Q3.
  • It follows the 2.4% increase in Q2 from yesterday’s advance release, correctly forecast by the tracker.

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