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A report on this calendar event is released by the Federal Reserve Bank of Atlanta.
This indicator reflects the current estimate of real GDP growth based on current economic data for the reporting period.
The growth rate of real GDP is an important indicator of the economy, but official statistics are published with some delay.
This indicator provides a "current forecast" of the official estimate before its publication.
Comments by the MarketCheese analysts: an increase of the indicator value may contribute to the rise in quotes of USD.