NEW YORK (Reuters) - The U.S. economy likely expanded at a 2.3 percent annualized rate in the second quarter following the latest data on wholesale trade, the Atlanta Federal Reserve's GDPNow forecast model showed on Tuesday.

The latest GDP estimate was slightly lower than the 2.4 percent figure calculated on July 6, the regional Fed said on its website.

(Reporting by Richard Leong, editing by G Crosse)