Atlanta Fed: GDPNow estimate for real GDP growth in Q3 stays unchanged to 4.4%

"The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2018 is 4.4 percent on September 19, unchanged from September 14," the Federal Reserve Bank of Atlanta reported on Friday and added:

"After this morning’s new residential construction release from the U.S. Census Bureau, the nowcast of third-quarter real residential investment growth inched up from -0.7 percent to -0.2 percent."