Latest GDPNow growth estimate 2.1% vs 2.2% prior
"The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2016 is on October 7, down from 2.2 percent on October 5. The forecast of the contribution of inventory investment to third-quarter real GDP growth fell from 0.28 percentage points to 0.24 percentage points after this morning’s wholesale trade report from the U.S. Census Bureau. The forecast of real government spending growth fell from 0.1 percent to -0.1 percent following this morning’s employment release from the U.S. Bureau of Labor Statistics."