August 30, 2018 / 2:20 PM / 19 days ago

Atlanta Fed lowers U.S. third-quarter GDP view to 4.1 percent

NEW YORK (Reuters) - The U.S. economy is expanding at a 4.1 percent annualized rate in the third quarter, the Atlanta Federal Reserve’s GDPNow forecast model showed on Thursday, following the release of the advanced economic indicators from the U.S. Census earlier this week.

This was slower than the 4.6 percent GDP growth pace calculated by the regional Fed’s forecast program on Aug. 24.

Reporting by Richard Leong

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