Atlanta Fed sees U.S. economy seen expanding at 2.7 percent
- BAT Reaches Deal to Acquire Reynolds American (RAI) for $49 Billion
- Noble Energy (NBL) to Acquire Clayton Williams Energy (CWEI) for $2.7B in Cash and Stock
- Trump, Brexit uncertainty hit stocks and dollar, gold jumps
- UnitedHealth Group (UNH) Tops Q4 EPS by 4c; Affirms Outlook
- Oil rises on weaker dollar, Saudi commitment to cut output
Dennis Lockhart of the Atlanta Fed takes part in a panel convened to speak about the health of the U.S. economy in New York November 18, 2015. REUTERS/Lucas Jackson/File Photo
Get the Pulse of the Market with StreetInsider.com's Pulse Picks. Get your Free Trial here.
NEW YORK (Reuters) - The U.S. economy is on track to grow at a 2.7 percent annualized pace in the fourth quarter, the Atlanta Federal Reserve's GDP Now forecast model showed on Monday.
The regional central bank said its final estimate on third-quarter GDP was 2.1 percent, which was well below the 2.9 percent the government reported on Friday,the Atlanta Fed said on its website.
(Reporting by Richard Leong)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- In U.N. lawsuit, Ukraine demands Russia end support for separatists
- Tech vendor Misys launches P2P lending software for banks
- Airbus Defence & Space eyes rising military budgets in 2018
Create E-mail Alert Related CategoriesReuters
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!