{"id":71641,"date":"2022-09-07T19:34:56","date_gmt":"2022-09-07T15:34:56","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=71641"},"modified":"2022-09-07T19:35:07","modified_gmt":"2022-09-07T15:35:07","slug":"us-atlanta-fed-gdpnow-for-q3-declines-to-1-4","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/us-atlanta-fed-gdpnow-for-q3-declines-to-1-4\/09\/07\/market-updates\/","title":{"rendered":"Atlanta Fed GDPNow for Q3 declines to 1.4%"},"content":{"rendered":"\n<p>According to the Federal Reserve Bank of Atlanta&#8217;s GDPNow model, the US economy is expected to grow at an annualized rate of 1.4% in the third quarter, down from 2.6% in the previous estimate.<br><br>This report doesn&#8217;t seem to be having a significant impact on the dollar&#8217;s performance against its rivals. As of writing, the US Dollar Index was posting small daily losses at 110.17.<br><br>After recent releases from the US Census Bureau, the US Bureau of Labor Statistics, the US Bureau of Economic Analysis, and the Institute for Supply Management, the nowcasts of third-quarter real personal consumption expenditures growth, third-quarter real gross private domestic investment growth, and third-quarter real government spending growth decreased from 3.1%, -3.5%, and 1.7%, respectively, to 1.7%, -5.8, and 1.3, respectively, while the nowcast of the contribution of the change in real net exports to third-quarter real GDP growth increased from 0.82 percentage points to 1.09 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 grow at an annualized rate of 1.4% in the third quarter, down from 2.6% in the previous estimate.This report doesn&#8217;t seem to be having a significant impact on the dollar&#8217;s performance against its rivals. As of writing, the US &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":[9862],"class_list":["post-71641","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-gdpnow"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/71641","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=71641"}],"version-history":[{"count":3,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/71641\/revisions"}],"predecessor-version":[{"id":71696,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/71641\/revisions\/71696"}],"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=71641"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=71641"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=71641"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}