Atlanta Fed GDPNow Q2 tracker jumps to 2.1% from 1.4%

Author: Adam Button | Category: News

GDP estimate higher after retail sales

The Atlanta Fed now sees better signs on second quarter growth:

"After this morning's retail sales release from the U.S. Census Bureau, and this morning's industrial production report from the Federal Reserve Board of Governors, the nowcast of second-quarter real personal consumption expenditures growth increased from 3.2 percent to 3.9 percent."

We will get the NY Fed numbers later today.

h/t @livesquawk

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