Replies to post #295919 on Option Millionaires

[jimmybob]

Atlanta Fed's Q2 GDPNow estimate was unchanged at 2.8%
Atlanta Fed's Q2 GDPNow estimate was unchanged at 2.8% following consumer spending and residential investment updates: "The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2016 is 2.8 percent on June 17, unchanged from June 14. Since the previous GDPNow update on Tuesday, the forecast for real consumer spending growth increased from 3.9 percent to 4.1 percent and the forecast for real residential investment growth increased from 2.5 percent to 3.5 percent. These increases were offset by a decline in the forecast of the contribution of inventory investment to second-quarter growth from -0.28 percentage points on June 14 to -0.41 percentage points this morning." The next GDPNow update is Friday, June 24