Atlanta Fed keeps U.S. third-quarter GDP growth view at 4.3 percent

NEW YORK (Reuters) – The U.S. economy is expanding at a 4.3 percent annualized rate in the third quarter, the Atlanta Federal Reserve’s GDPNow forecast model showed on Thursday following the release of the housing starts data for July.

FILE PHOTO: People are seen walking through Roosevelt Field shopping mall in Garden City, New York February 22, 2015. REUTERS/Shannon Stapleton/File Photo

This was unchanged from the GDP growth pace calculated by the regional Fed’s forecast program on Wednesday.

Source: Read Full Article