The Atlanta Fed GDPNow progress estimate for Q2 is available in at 2.5% vs 2.9% final. In their very own phrases:
The GDPNow mannequin estimate for actual GDP progress (seasonally adjusted annual price) within the second quarter of 2025 is 2.5 % on July 1, down from 2.9 % on June 27. After this morning’s releases from the US Census Bureau and the Institute for Provide Administration, the nowcasts of second-quarter actual private consumption expenditures progress and actual gross non-public home funding progress decreased from 1.7 % and -11.1 %, respectively, to 1.5 % and -11.9 %.
The subsequent GDPNow replace is Thursday, July 3. Please see the “Launch Dates” tab beneath for an inventory of upcoming releases.
This text was written by Greg Michalowski at www.forexlive.com.
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