Atlanta Fed: GDPNow model forecast for real GDP growth in Q3 at 2.9%

"The initial GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2017 is 2.9 percent on October 30," said the Federal Reserve Bank of Atlanta on Monday.

• "The advance estimate of third-quarter real GDP growth released by the U.S. Bureau of Economic Analysis on October 27 was 3.0 percent, 0.5 percentage points above the final GDPNow model nowcast released on the previous day."