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Atlanta Fed: US GDPNow estimate for Q4 unchanged at 2.7%

“The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2018 is 2.7 percent, on January 31, unchanged from January 22,” the Federal Reserve Bank of Atlanta reported on Thursday.  

”  The nowcast of fourth-quarter real residential investment growth decreased from -4.3 percent to -5.0 percent after this morning’s housing market releases from the U.S. Census Bureau.”

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