Atlanta Fed GDPNow Q2 estimate lowered to 2.9% from 3.4% ...Middle East

From the Atlanta Fed:

"After recent releases from the US Census Bureau and the US Bureau of Economic Analysis, an increase in the nowcast of the contribution of net exports to second-quarter real GDP growth from 2.07 percentage points to 3.49 percentage points was more than offset by a decrease in the nowcasted GDP growth contribution of inventory investment from -0.42 percentage points to -2.22 percentage points." This article was written by Adam Button at www.forexlive.com.

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