Home Forex Atlanta Fed GDPNow stays unchanged at 2.2%

Atlanta Fed GDPNow stays unchanged at 2.2%

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Atlanta Fed GDPNow stays unchanged at 2.2%

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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.

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