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Atlanta Fed leaves U.S. third quarter GDP view at 2.2 percent
October 5, 2016 / 4:04 PM / a year ago

Atlanta Fed leaves U.S. third quarter GDP view at 2.2 percent

A security guard walks in front of an image of the Federal Reserve following the two-day Federal Open Market Committee (FOMC) policy meeting in Washington, DC, U.S. on March 16, 2016. REUTERS/Kevin Lamarque/File Photo

NEW YORK (Reuters) - The U.S. economy is on track to grow at a 2.2 percent annualized pace in the third quarter following the latest data on trade, car sales, manufacturing and services activities, the Atlanta Federal Reserve’s GDP Now forecast model showed on Wednesday.

The latest third-quarter GDP estimate match the figure calculated on Monday, the Atlanta Fed said on its website.

Reporting by Richard Leong

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