GDPNow Forecast: 3.3 Percent — November 9, 2017

The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2017 is 3.3 percent on November 9, unchanged from November 3. The forecast of the contribution of inventory investment to fourth-quarter real GDP growth inched down from -0.03 percentage points to -0.06 percentage points after this morning's wholesale trade report from the U.S. Census Bureau.

Nowcast Forecast: 3.3 Percent — November 10, 2017

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