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Atlanta Fed pares U.S. fourth-quarter GDP growth view to 2.6 percent

December 6, 2016 11:41 AM EST

NEW YORK (Reuters) - The U.S. economy is on track to grow at a 2.6 percent annualized pace in the fourth quarter following the latest data on jobs, car sales and equipment investment, the Atlanta Federal Reserve's GDP Now forecast model showed on Tuesday.

The latest fourth-quarter GDP estimate was lower than the 2.9 growth rate calculated on Dec. 1, the Atlanta Fed said on its website.

(Reporting by Richard Leong)



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