Atlanta Fed GDPNow tracker for Q3 progress jumps to three.47%% vs 2.18% prior

From the company: the GDPNow mannequin estimate for actual GDP progress (seasonally adjusted annual charge) within the third quarter of 2025 is three.5 p.c
on August 29, up from 2.2 p.c on August 26.

After current releases
from the US Census Bureau and the US Bureau of Financial Evaluation, the
nowcasts of third-quarter actual private consumption expenditures progress
and second-quarter actual gross non-public home funding progress
elevated from 2.2 p.c and four.four p.c, respectively, to 2.three p.c
and 6.1 p.c, whereas the nowcast of the contribution of web exports
to third-quarter actual GDP progress elevated from -Zero.36 proportion factors
to Zero.59 proportion factors.

The subsequent GDPNow replace is Tuesday, September 2.

This text was written by Giuseppe Dellamotta at investinglive.com.