{"id":69105,"date":"2022-07-27T20:28:08","date_gmt":"2022-07-27T16:28:08","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=69105"},"modified":"2022-07-27T20:28:11","modified_gmt":"2022-07-27T16:28:11","slug":"atlanta-fed-gdpnow-for-q2-rises-to-1-2","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/atlanta-fed-gdpnow-for-q2-rises-to-1-2\/07\/27\/market-updates\/","title":{"rendered":"Atlanta Fed GDPNow for Q2 rises to -1.2%"},"content":{"rendered":"\n<p>According to the Federal Reserve Bank of Atlanta&#8217;s GDPNow model, the US economy is expected to contract by 1.2% in the second quarter, up from the July 19 forecast of -1.6%. The US Dollar Index stays flat on the day near 107.20 after this report.<br><br>After recent releases from the US Census Bureau and the National Association of Realtors, the nowcast of the contribution of inventory investment to second-quarter real GDP growth increased from -2.50 percentage points to -2.30 percentage points, while the the contribution of the change in real net exports to second-quarter real GDP growth increased from 0.18 percentage points to 0.59 percentage points,&#8221; Atlanta Fed explained in its publication.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to the Federal Reserve Bank of Atlanta&#8217;s GDPNow model, the US economy is expected to contract by 1.2% in the second quarter, up from the July 19 forecast of -1.6%. The US Dollar Index stays flat on the day near 107.20 after this report.After recent releases from the US Census Bureau and the National &hellip;<\/p>\n","protected":false},"author":13,"featured_media":32108,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[9861,9862,8109,6858,6871],"class_list":["post-69105","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-atlanta-fed","tag-gdpnow","tag-q2","tag-us-economy","tag-usd"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/69105","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=69105"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/69105\/revisions"}],"predecessor-version":[{"id":69109,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/69105\/revisions\/69109"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/32108"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=69105"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=69105"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=69105"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}