Atlanta Fed: Q3 GDPNow estimate down to 2.4% - Breaking The News

Atlanta Fed: Q3 GDPNow estimate down to 2.4%

15 August

1 min read

EPA-EFE/SHAWN THEW

The Federal Reserve Bank of Atlanta announced on Thursday in its GDPNow model prospects that the growth of real gross domestic product for the third quarter of 2024 in the United States is expected to stand at 2.4%, down from the 2.9% estimated on August 8.

Meanwhile, after all the recent economic data releases in the country, the projections for the real gross private domestic investment growth decreased from 2.8% to 0.0%.

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