News
Atlanta Fed GDP Tracker Falls to Lowest Level Since July
The Atlanta Fed's third-quarter real GDP tracker fell to +3.59% as of October 8, the lowest reading since tracking began in late July, down from +3.74% on September 30 and the peak of +5.83% on August 6. The decline was due to slight decreases in consumer spending, inventories, net exports, and business spending, partially offset by an improvement in residential investment.