Atlanta Fed upgrades U.S. second quarter GDP view to 4.7 percent
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/13/2026
- Nasdaq falls ahead of earnings, economic data while oil rallies
- Oil prices rise on Saudi Arabia attacks, overshadowing Trump's diesel deal
- Will surging equity supply derail the U.S. bull market? Goldman Sachs weighs in
- Broadcom CEO says many AI investors are gamblers
- "Not buying Chipotle": Starbucks squashes blockbuster acquisition speculation
Tweet
Share
E-mailNEW YORK (Reuters) - The U.S. economy is expanding at a 4.7 percent annualized rate in the second quarter following data on domestic consumer spending and advance goods trade balance in April, the Atlanta Federal Reserve's GDPNow forecast model showed on Thursday.
The latest estimate on gross domestic product growth was faster than the 4.0 percent pace estimated on May 25, the Atlanta Fed said.
(Reporting by Richard Leong)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Unison taps banks for US IPO seeking up to $500 million - Bloomberg
- Trump says Russia to immediately supply 300,000 tons of diesel fuel
- Bitcoin edges up to $83.5k as falling oil prices offer some support
Create E-mail Alert Related Categories
Fed, General News, ReutersSign 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!
