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Atlanta Fed Money Top News U.S. 

Atlanta Fed trims U.S. second-quarter GDP view to 2.6 percent

July 11, 2017 NEW YORK (Reuters) – The U.S. economy is expanding at a 2.6 percent annualized pace in the second quarter based on the latest data on domestic payrolls and wholesale inventories, the Atlanta Federal Reserve’s GDP Now forecast model showed on Tuesday. The latest second-quarter gross domestic product estimate was lower than the previous figure of 2.7 percent calculated on July 6, the Atlanta Fed said. (Reporting by Richard Leong; Editing by Jeffrey Benkoe) Powered by WPeMatico

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Atlanta Fed Money Top News U.S. 

Atlanta Fed lowers U.S. second-quarter GDP view to 2.7 percent

July 6, 2017 NEW YORK (Reuters) – The U.S. economy is expanding at 2.7 percent annualized pace in the second quarter based on the latest data on vehicle sales, factory orders and trade balance, the Atlanta Federal Reserve’s GDP Now forecast model showed on Thursday. The latest second-quarter gross domestic product estimate was lower than the previous figure of 3.0 percent calculated on Monday, the Atlanta Fed said. (Reporting by Richard Leong) Powered by WPeMatico

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Atlanta Fed raises U.S. second-quarter GDP growth view to 3.8 percent

May 30, 2017 NEW YORK (Reuters) – The U.S. economy is expected to grow at a 3.8 percent annualized pace in the second quarter based on a report that showed an increase in personal spending in April, the Atlanta Federal Reserve’s GDP Now forecast model showed on Tuesday. The latest second-quarter gross domestic product estimate was faster than the 3.7 percent clip calculated on May 26, the Atlanta Fed said. (Reporting by Richard Leong; Editing by Chizu Nomiyama) Powered by WPeMatico

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