Atlanta Fed GDPNow steady at 5.6% after ISM manufacturing report

The Atlanta Fed left its GDP tracker for Q3 unchanged today:

After this morning’s releases from the US Census Bureau, the US Bureau
of Labor Statistics, and the Institute for Supply Management, an
increase in the nowcast of third-quarter real gross private domestic
investment growth from 11.8 percent to 12.3 percent was offset by
decreases in the nowcasts of third-quarter real personal consumption
expenditures growth and third-quarter real government spending growth
from 4.3 percent and 2.5 percent, respectively, to 4.2 percent and 2.3

This article was written by Adam Button at