Atlanta Fed GDPNow ticks up to 1.3% from 1.2% after data points today

The Atlanta Fed GDPNow estimate for 1Q growth rises to 1.3% from 1.2% reported yesterday.

In their own words:

"The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2022 is1.3 percenton March 17, up from 1.2 percent on March 16. After this morning’s releases from the US Census Bureau and the Federal Reserve Federal Reserve The Federal Reserve System, more commonly known as the Fed, represents the central banking system of the United States. Like other central banks globally, the Fed is responsible for monetary policy, in this case in the US.The Fed is one of the most watched and followed entities for forex traders, given its material impact on the US dollar. Founded initially in 1913, the Fed was created to perform a wide range of functions. This includes stabilizing and maintaining flexible monetary policy in the The Federal Reserve System, more commonly known as the Fed, represents the central banking system of the United States. Like other central banks globally, the Fed is responsible for monetary policy, in this case in the US.The Fed is one of the most watched and followed entities for forex traders, given its material impact on the US dollar. Founded initially in 1913, the Fed was created to perform a wide range of functions. This includes stabilizing and maintaining flexible monetary policy in the Read this Term Board of Governors, the nowcast of first-quarter real gross private domestic investment growth increased from -4.9 percent to -4.2 percent".

The next estimate will be released on March 24.