The Atlanta Fed GDPNow tracker for Q2 was trimmed to three.3% from 3.4% right now. The economist consensus for Wednesday’s superior report is 3.0%.
After current releases from the US Census Bureau and the Nationwide
Affiliation of Realtors, the nowcast of third-quarter actual gross personal
home funding progress decreased from 3.2 p.c to 2.7 p.c.
That is some good progress however yesterday I wrote concerning the essential query: What would it not appear like with out deficits close to 7% of GDP?
This text was written by Adam Button at www.forexlive.com.
