Atlanta Fed GDPNow Q3 development estimate falls to 2.1% from 2.three%

It’s early within the development estimate for Q3 from the Atlanta Fed GDP mannequin. It has dipped on account of the disappointing financial information launched right now. The mannequin now sees a development price of two.1% down from 2.three% beforehand.

In their very own phrases:

The GDPNow mannequin estimate for actual GDP development (seasonally adjusted annual price) within the third quarter of 2025 is 2.1 p.c on August 1, down from 2.three p.c on July 31. After this morning’s releases from the US Bureau of Labor Statistics, the US Census Bureau, and the Institute for Provide Administration, the nowcasts for third-quarter actual private consumption expenditures development and actual non-public fastened funding development declined from 1.9 p.c and a pair of.5 p.c, respectively, to 1.6 p.c and a pair of.zero p.c. These declines have been partially offset by a rise within the nowcast of the contribution of stock funding to third-quarter actual GDP development from zero.63 share factors to zero.74 share factors.

The subsequent GDPNow replace is Tuesday, August 5. Please see the “Launch Dates” tab beneath for an inventory of upcoming releases.

This text was written by Emma Wang at investinglive.com.