Aug 19, 02:38 PM

Atlanta Fed GDPNow Trims Q3 US Growth View to 2.3%

The Federal Reserve Bank of Atlanta’s GDPNow model on 19 August lowered its estimate for seasonally adjusted annualised US real-GDP growth in the third quarter to 2.3%, down from 2.5% four days earlier. The Atlanta Fed said the cut followed the US Census Bureau’s latest housing-starts report, which prompted the model’s projection for real residential investment to swing from 1.1% growth to a 5.9% contraction. The revision adds to signs of cooling momentum after recent data releases, though the Citi US Economic Surprise Index remains marginally positive. GDPNow is a mechanical nowcasting tool that updates several times a month ahead of the Bureau of Economic Analysis’ official GDP release; its figures are not an official forecast of the Federal Reserve.

#US #Atlanta Fed #US Census Bureau #Bureau of Economic Analysis #Federal Reserve

Written with ChatGPT .

Sources

Atlanta Fed@AtlantaFed
1 year ago
On August 19, the #GDPNow model nowcast of real GDP growth in Q3 2025 is 2.3%: https://t.co/T7FoDdgYos. #ATLFedResearch Download our EconomyNow app or go to our website for the latest GDPNow nowcast: https://t.co/NOSwMl7Jms. https://t.co/cESCtWBsEX
investingLive@investingLive_
1 year ago
Atlanta Fed GDPNow growth estimate for Q3 falls to 2.3% from 2.5% last https://t.co/3E6kX1Ntyb
LiveSquawk@LiveSquawk
1 year ago
US Atlanta Fed GDPNow Q3: 2.3% (prev 2.5%) https://t.co/GIJHH2ZMsR https://t.co/nyEOcOyS6r

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Atlanta Fed GDPNow Trims Q3 US Growth View to 2.3%

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