Release of the official estimate of the real gross national product for Q3 – a key measure of overall level of economic activity – will be delayed until December 19 because of the government shutdown. We should have had this number by now. The best estimate that we currently have is from the Atlanta Fed’s GDPNow Model, which has a seasonally adjusted annual rate growth projection of 3.9% in Q3.
A Macro Market View by Hubert Marleau
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