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U.S. on track to grow 1.9 percent in fourth quarter: Atlanta Fed
November 2, 2015 by elegant · Leave a Comment
The U.S. economy is on track to grow 1.9 percent in the fourth quarter with expected weaker consumer spending and equipment investment growth following a private report on U.S. manufacturing in October, the Atlanta Federal Reserve's GDPNow forecast model showed on Monday. This was slower than the regional Fed's prior estimate of 2.5 percent rate on Friday, the Atlanta Fed said on its website. The model downgraded its outlook…
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U.S. on track to grow 1.9 percent in fourth quarter: Atlanta Fed