Atlanta Fed: Q4 GDPNow estimate down to 3.1% - Breaking The News

Atlanta Fed: Q4 GDPNow estimate down to 3.1%

17 December

1 min read

The Federal Reserve Bank of Atlanta announced on Tuesday in its GDPNow model prospects that the growth of real gross domestic product for the fourth quarter of 2024 in the United States is expected to stand at 3.1%, down from the 3.3% estimated on December 9.

Meanwhile, after the release of the country's "Census Bureau, the US Bureau of Labor Statistics, and the Federal Reserve Board of Governors," the projections for the real gross private domestic investment growth decreased from 2.4% to 1.2%.

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