January 6, 2017 / 5:14 PM / 7 months ago

Atlanta Fed leaves U.S. 2016 gourth-quarter GDP view at 2.9 percent

1 Min Read

NEW YORK (Reuters) - The U.S. economy is on track to grow at a 2.9 percent annualized pace in the fourth quarter of 2016 following latest data on jobs, trade and factory orders, the Atlanta Federal Reserve's GDP Now forecast model showed on Friday.

The latest fourth-quarter GDP estimate was unchanged from the growth rate on Tuesday, the Atlanta Fed said on its website.

Reporting by Richard Leong; Editing by Chizu Nomiyama

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