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Atlanta Fed GDPNow estimate ratcheted up

Discussion in 'Market News' started by ForexLive, Feb 5, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Atlanta Fed tracking estimate at 2.2% from 1.2% earlier this week That's a big swing. Here's what they had to say: "After this morning's employment report from the U.S. Bureau of Labor Statistics, the forecast for real consumer spending growth increased from 2.5 percent to 3.0 percent and the forecast for real gross private domestic investment growth increased from -0.4 percent to 2.1 percent."

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