Atlanta Fed GDPNow 4Q GDP comes in at 2.9% vs 3.0% last

2.9% is a healthy clip for GDP

The Atlanta Fed estimate for 4Q GDP growth dipped to 2.9% from 3.0% last week.

In their own words:

The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2018 is 2.9 percent on December 18, down from 3.0 percent on December 14. The nowcast of fourth-quarter real residential investment growth decreased from -2.4 percent to -4.2 percent after this morning's new residential construction release from the U.S. Census Bureau.

The next estimate will be on December 21