Atlanta Fed: US GDPNow estimate for Q4-2018 rises to 1.9% from 1.4%

"The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2018 is 1.9 percent on February 25, up from 1.4 percent on February 21," the Federal Reserve Bank of Atlanta reported on Monday.

"After this morning's wholesale trade report from the U.S. Census Bureau, the nowcast of the contribution of inventory investment to fourth-quarter real GDP growth increased from -0.58 percentage points to -0.15 percentage points."