Atlanta Fed GDPNow
The Atlanta Fed GDPNow estimate for 2Q is available in at 2.2% that’s unchanged from the mannequin estimate launched yesterday:
In their very own phrases:
The GDPNow mannequin estimate for actual GDP progress (seasonally adjusted annual charge) within the second quarter of 2023 is 2.2 % on June 8, unchanged from June 7 after rounding. After this morning’s wholesale commerce report from the US Census Bureau, the nowcast of second-quarter actual gross personal home funding progress decreased from 8.9 % to eight.7 %.
The following estimate shall be launched subsequent Thursday, June 15.
