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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: zax who wrote (973422)	10/18/2016 10:39:43 AM
From: Bonefish	1 Recommendation Recommended By locogringo Respond to of 1571775

Read the comments...maroon.

To: zax who wrote (973422)	10/18/2016 10:47:13 AM
From: jlallen	1 Recommendation Recommended By Bonefish Respond to of 1571775

Of course....as I have said all along....DJT is no prize package...but I am voting for him anyway as it is clear to me as it is to most thinking patriots that Hilliary will do much more fundamental and lasting damage to this country than DJT could ever dream of doing....I would never vote to put a criminal like Hilliary in the WH and to have a known scumbag like BJ Bill having some sort of hand in governance again.

To: zax who wrote (973422)	10/18/2016 10:47:41 AM
From: jlallen	Respond to of 1571775

Atlanta FED forecast now down to 1.9% for Q3 GDP growth......originally at 3.8%..........pitiful The growth rate of real gross domestic product (GDP) is a key indicator of economic activity, but the official estimate is released with a delay. Our GDPNow forecasting model provides a "nowcast" of the official estimate prior to its release. Recent forecasts for the GDPNow model are available here. More extensive numerical details—including underlying source data, forecasts, and model parameters—are available as a separate spreadsheet. Latest forecast: 1.9 percent — October 14, 2016The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2016 is 1.9 percent on October 14, down from 2.1 percent on October 7. The forecast of third-quarter real personal consumption expenditures growth fell from 2.9 percent to 2.6 percent after this morning's retail sales report from the U.S. Census Bureau. The next GDPNow update is Wednesday, October 19. Please see the "Release Dates" tab below for a full list of upcoming releases. RELATED RESOURCES GDPNow Forecast GDPNow Model Data and Historical Forecasts GDPNow Release Dates GDPNow RSS feed GDPNow: A Model for GDP "Nowcasting," Working Paper 14-7 GDPNow App for Mobile Phones Subscribe to email updates GOING INSIDE GDPNOW In this Economy Matters podcast, Atlanta Fed economist Pat Higgins, the creator of GDPNow, discusses the tool, how it works, and some of the challenges involved in measuring the economy. Listen to the podcast Model Description Frequently Asked Questions Release Dates The growth rate of real gross domestic product (GDP) measured by the U.S. Bureau of Economic Analysis (BEA) is a key metric of the pace of economic activity. It is one of the four variables included in the economic projections of Federal Reserve Board members and Bank presidents for every other Federal Open Market Committee (FOMC) meeting. As with many economic statistics, GDP estimates are released with a lag whose timing can be important for policymakers. For example, of the four scheduled 2014 release dates of an “advance” (or first) estimate of GDP growth, two are on the second day of a scheduled FOMC meeting with the other two on the day after the meeting. In preparation for FOMC meetings, policymakers have the Fed Board staff projection of this “advance” estimate at their disposal. These projections—available through 2008 at the Philadelphia Fed’s Real Time Data Center—have generally been more accurate than forecasts from simple statistical models. As stated by economists Jon Faust and Jonathan H. Wright in a 2009 paper, “by mirroring key elements of the data construction machinery of the Bureau of Economic Analysis, the Fed staff forms a relatively precise estimate of what BEA will announce for the previous quarter’s GDP even before it is announced.” The Atlanta Fed GDPNow model also mimics the methods used by the BEA to estimate real GDP growth. The GDPNow forecast is constructed by aggregating statistical model forecasts of 13 subcomponents that comprise GDP. Other private forecasters use similar approaches to “ nowcast” GDP growth. However, these forecasts are not updated more than once a month or quarter, are not publicly available, or do not have forecasts of the subcomponents of GDP that add “color” to the top-line number. The Atlanta Fed GDPNow model fills these three voids. The BEA’s advance estimates of the subcomponents of GDP use publicly released data from the U.S. Census Bureau, U.S. Bureau of Labor Statistics, and other sources. Much of this data is displayed in the BEA’s Key Source Data and Assumptions table that accompanies the “advance” GDP estimate. GDPNow relates these source data to their corresponding GDP subcomponents using a “bridge equation” approach similar to the one described in a Minneapolis Fed study by Preston J. Miller and Daniel M. Chin. Whenever the monthly source data is not available, the missing values are forecasted using econometric techniques similar to those described in papers by James H. Stock and Mark W. Watson and Domenico Giannone, Lucrezia Reichlin, and David Small. A detailed description of the data sources and methods used in the GDPNow model is provided in an accompanying Atlanta Fed working paper. As more monthly source data becomes available, the GDPNow forecast for a particular quarter evolves and generally becomes more accurate. That said, the forecasting error can still be substantial just prior to the “advance” GDP estimate release. It is important to emphasize that the Atlanta Fed GDPNow forecast is a model projection not subject to judgmental adjustments. It is not an official forecast of the Federal Reserve Bank of Atlanta, its president, the Federal Reserve System, or the FOMC. ©2015 Federal Reserve Bank of Atlanta. All rights reserved. Permission is granted to reproduce for personal and educational use only.