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FRB Atlanta GDPNow - Weaker

Something to consider when thinking of rates and growth. The economy continues to muddle along and, when combined with weak global growth, should contain increases in rates to a managable level.

The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2015 is 0.8 percent on January 8, down from 1.0 percent on January 6. The forecast for the contribution of inventory investment to fourth-quarter real GDP growth declined 0.2 percentage points to -0.8 percentage points after this morning's wholesale trade report from the U.S. Census Bureau.

Evolution of Atlanta Fed GDPNow real GDP forecast