Real GDP in the United States is expected to grow 6.3% in the third quarter of 2021, up from 6.1% on July 30, the latest gdpnow report from the Federal Reserve Bank of Atlanta showed on Monday.
“After this morning’s ISM Manufacturing Report on Business from the Institute for Supply Management and the US Construction Spending Report. The Census Bureau, growth in real personal consumption spending in the third quarter increased from 3.2% to 3.9% and the real growth of gross private domestic investment in the third quarter decreased from 29.4% to 28.0%, “explained the Atlanta Fed in its publication.
Market reaction
The US dollar index did not show any immediate reaction to this report and was last seen trading sideways on the day at 92.06.
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