The Atlanta Fed GDPNow growth estimate for Q2 growth falls to 2.2% from 2.4% last.
In their own words:
The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2025 is 2.2 percent on May 27, down from 2.4 percent on May 16. After recent releases from the US Census Bureau and the National Association of Realtors, the nowcast of second-quarter real gross private domestic investment growth decreased from 0.7 percent to -0.2 percent.
The next GDPNow update is Friday, May 30. Please see the “Release Dates” tab below for a list of upcoming releases.
This article was written by Greg Michalowski at www.forexlive.com.
