Atlanta Fed GDPNow reduced, the NY Fed’s GDP tracker fell over

The latest estimates of follow-up

It is at the beginning of the quarter for the Atlanta Fed, the estimate of GDP is volatile. Today, in the reading, it had fallen to 3.3% from 4.5% on Wednesday.

«The forecast of real consumer spending growth and real private fixed investment growth declined to 3.9 per cent and 8.7 per cent, respectively, 3.2% and 6.0%, respectively, after this morning’s employment report from the US Bureau of Labor Statistics,» according to the press release.

Separately, the new york Fed’s Nowcast tracker has been delayed to 3.16% from 3.05%.

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