Atlanta Fed GDPNow moves up to 3.6% in new forecast
Up from 3.5% from prior forecast
As per the Atlanta Fed's website:
"The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2016 is 3.6 percent on August 16, up from 3.5 percent on August 12. After this morning's new residential construction release from the U.S. Census Bureau, the forecast for third-quarter real residential investment growth increased from 0.4 percent to 2.4 percent."