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Atlanta Fed GDP rises to 6.2% for the third quarter following the latest US data.

Real U.S. gross domestic product (GDP) is expected to grow 6.2% in the third quarter of 2021, up from 6% on Aug. 6, the latest gdpnow report from the Federal Reserve Bank of Atlanta showed on Tuesday. .

“Following recent publications by the United States Bureau of Labor Statistics, the United States Department of the Treasury Office of Fiscal Service, the United States Census Bureau, and the Federal Reserve Board of Governors, a Increase in the now diffusion of the real growth of gross private domestic investment in the third quarter from 25.2% to 29.4% was partially offset by a decrease in the now decrease in real personal consumption expenditures in the third quarter from 3.9% to 3.3 % explained the atlanta Fed in its publication.

Market reaction

This report did not trigger a significant market reaction and the US Dollar Index was last seen climbing 0.55% on the day at 93.12.

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