The real gross domestic product (GDP) in the United States is expected to grow by 26.2%, up sharply from 20.5% on August 7th, in the third quarter of 2020, the Federal Reserve Bank of Atlanta’s latest GDPNow report showed on Friday. “After this week’s data releases by the US Bureau of Labor Statistics, the US Department of the Treasury’s Bureau of the Fiscal Service, the Federal Reserve Board of Governors, and the US Census Bureau, the nowcasts of third-quarter real personal consumption expenditures growth and third-quarter real gross private domestic investment growth increased from 21.9% and 9.5%, respectively, to 27.8% and 19.7%, respectively, and the nowcast of third-quarter real government spending growth increased from 14.0% to 14.3%,” the Atlanta Fed explained in its publication. Market reaction The US Dollar Index paid little to no mind to this report and was last seen losing 0.14% on the day at 93.11. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/MXN at two weeks lows, about to break below 22.00 FX Street 2 years The real gross domestic product (GDP) in the United States is expected to grow by 26.2%, up sharply from 20.5% on August 7th, in the third quarter of 2020, the Federal Reserve Bank of Atlanta's latest GDPNow report showed on Friday. "After this week’s data releases by the US Bureau of Labor Statistics, the US Department of the Treasury's Bureau of the Fiscal Service, the Federal Reserve Board of Governors, and the US Census Bureau, the nowcasts of third-quarter real personal consumption expenditures growth and third-quarter real gross private domestic investment growth increased from 21.9% and 9.5%, respectively, to 27.8% and 19.7%, respectively, and the nowcast of… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
