Atlanta Fed GDPNow growth estimate rises to 6.2% from 5% previously

The Atlanta Fed growth estimate for Q3 rose to 6.2% from 5.0% in its initial reading. Recall from last week, the Q2 GDP came in at 1.5%. The Atlanta Fed model for Q2 forecasted 1.5%. Kudos to them. For the current model estimate, they said: The GDPNow model estimate for real GDP…