GDPNow tracker slips to 2.4%

|By:, SA News Editor

The Atlanta Fed's GDPNow sees Q4 growth of just 2.4%, down from 2.6% previously. This morning's sluggish retail sales report was responsible for the drop.

The forecast was above 3.5% in the middle of November, so things have down quite a bit over the past four weeks.

The Blue Chip consensus forecast remains at about 2.2%.

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