GDPNow update from the Atlanta Fed

The Q2 Atlanta Fed GDPNow estimate slipped to 2.1% from 2.2%. They say the soft pending home sales data outweighed durable goods orders.

"The forecast of third-quarter real residential investment growth declined from -2.6 percent to -5.2 percent following housing market data releases from the National Association of Realtors on September 20 and the U.S. Census Bureau on September 26. The forecast of third-quarter real nonresidential equipment investment growth increased from 5.2 percent to 5.7 percent after this morning's durable manufacturing report from the Census Bureau," the release said.

Earlier today Goldman and Barclays boosted GDP forecasts.