Atlanta Fed keeps U.S. third-quarter GDP growth view at 4.3 percent
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FILE PHOTO: People are seen walking through Roosevelt Field shopping mall in Garden City, New York February 22, 2015. REUTERS/Shannon Stapleton/File Photo
NEW YORK (Reuters) - The U.S. economy is expanding at a 4.3 percent annualized rate in the third quarter, the Atlanta Federal Reserve's GDPNow forecast model showed on Thursday following the release of the housing starts data for July.
This was unchanged from the GDP growth pace calculated by the regional Fed's forecast program on Wednesday.
(Reporting by Richard Leong)
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