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Atlanta Fed model shows 4.3% U.S. growth this quarter, Scott Lincicome notes

Atlanta Fed model shows 4.3% U.S. growth this quarter, Scott Lincicome notes
Atlanta Fed sees U.S. GDP boost

Scott Lincicome highlights that the Atlanta Federal Reserve's GDPNow model currently projects 4.3% growth for the U.S. economy this quarter.

He adds that approximately 0.2 percentage points of this estimated growth can be attributed to tariff refunds.

Earlier, Lincicome reported that copper prices climbed past $14,000, with U.S. stockpiles increasing ahead of a key tariff decision. He also observed that businesses in China recorded weak sales this summer and reduced overtime and hiring. These updates provide context to ongoing economic data and trade policy developments.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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