Atlanta Fed GDPNow progress estimates for Q3 rises to 2.5% from 2.1% prior
The GDPNow progress estimate for Q3 rose to 2.5% from 2.1% on August 1. It’s nonetheless early within the quarter estimates. Because of this the volatility might be elevated. In their very own phrases. Nonetheless, the Atlanta Fed does have a rise repute of getting fairly near the information launched:
The GDPNow mannequin estimate for actual GDP progress (seasonally adjusted annual charge) within the third quarter of 2025 is 2.5 % on August 5, up from 2.1 % on August 1. After latest releases from the US Bureau of Financial Evaluation, the US Census Bureau, and the Institute for Provide Administration, will increase within the nowcasts of actual private consumption expenditures progress and actual gross non-public home funding progress from 1.6 % and 6.three %, respectively, to 2.Zero % and 6.9 %, greater than offset a decline within the nowcast within the contribution on internet exports to GDP progress from -Zero.30 proportion factors to -Zero.36 proportion factors.
The following GDPNow replace is Thursday, August 7. Please see the “Launch Dates” tab under for an inventory of upcoming releases.
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This text was written by Emma Wang at investinglive.com.
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