Atlanta Fed GDPNow Q3 GDP +1.1% vs +0.8% prior

Trade data helps to boost forecast

The final Atlanta Fed GDP tracking estimate ahead of the advance GDP report calls for a reading of +1.1%.

"The model's nowcast for the contribution of net exports to third-quarter real GDP growth increased from -0.7 percentage points to -0.4 percentage points after this morning's advance report on international trade in goods from the U.S. Census Bureau."