Latest GDPNow Real Gross Domestic Product Forecast for Q2:2020

The Federal Reserve Bank of Atlanta released its latest GDPNow forecast for the growth rate of real gross domestic product (GDP) for the second quarter of 2020.

==============

Latest Forecast for Q2, 2020: -48.5%

==============

Previous Reading (June 4, 2020): -53.8%)

==============

Chart: GDPNow Forecast - Q2 | 2020 - June 9, 2020

==============


From Today's Report:

"...The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2020 is -48.5 percent on June 9, up from -53.8 percent on June 4. After last Friday’s employment release from the U.S. Bureau of Labor Statistics and this morning’s wholesale trade release from the U.S. Census Bureau, increases in the nowcasts of second-quarter real personal consumption expenditure growth and real gross private domestic investment growth were partly offset by decreases in the nowcasts of real government spending growth and real net exports.

The next GDPNow update is Tuesday, June 16, 2020..."

About The GDPNow Forecast Model:

"...GDPNow is not an official forecast of the Atlanta Fed. Rather, it is best viewed as a running estimate of real GDP growth based on available data for the current measured quarter. There are no subjective adjustments made to GDPNow the estimate is based solely on the mathematical results of the model. In particular, it does not capture the impact of COVID-19 beyond its impact on GDP source data and relevant economic reports that have already been released. It does not anticipate the impact of COVID-19 on forthcoming economic reports beyond the standard internal dynamics of the model..."

============== 

==============

• Click here to view recent GDPNow forecast (PDF).
  
  
•  Click here to view the full GDPNow report.

 

==============

--> www.FedPrimeRate.com Privacy Policy <-- >  SITEMAP  <

Latest GDPNow Real Gross Domestic Product Forecast for Q3:2016

The Federal Reserve Bank of Atlanta released its latest GDPNow forecast for the growth rate of real gross domestic product (GDP) for the third quarter of 2016.

==============

Latest Forecast for Q3, 2016: +2.1%

==============

Previous Reading (October 19, 2016): +2.0%

==============

GDPNow: October 27, 2016

==============


From Today's Report:

"...The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2016 is 2.1% on October 27, up from 2.0% on October 19. The forecast of the contribution of net exports to third-quarter real GDP growth increased from -0.15 percentage points to 0.07 percentage points after yesterday's Advance Economic Indicators release from the U.S. Census Bureau. This was partly offset by a decline in the forecast of the contribution of inventory investment to third-quarter real GDP growth from 0.23 percentage points to 0.03 percentage points after the Census Bureau's Advance Economic Indicators release and its advance durable manufacturing report this morning..."

About The GDPNow Forecast Model:

"...The growth rate of real gross domestic product (GDP) measured by the U.S. Bureau of Economic Analysis (BEA) is a key metric of the pace of economic activity. It is one of the four variables included in the economic projections of Federal Reserve Board members and Bank presidents for every other Federal Open Market Committee (FOMC) meeting. As with many economic statistics, GDP estimates are released with a lag whose timing can be important for policymakers. For example, of the four scheduled 2014 release dates of an 'advance' (or first) estimate of GDP growth, two are on the second day of a scheduled FOMC meeting with the other two on the day after the meeting. In preparation for FOMC meetings, policymaker have the Fed Board staff projection of this 'advance' estimate at their disposal...

...The Atlanta Fed GDPNow model also mimics the methods used by the BEA to estimate real GDP growth. The GDPNow forecast is constructed by aggregating statistical model forecasts of 13 subcomponents that comprise GDP. Other private forecasters use similar approaches to 'nowcast' GDP growth. However, these forecasts are not updated more than once a month or quarter, are not publicly available, or do not have forecasts of the subcomponents of GDP that add 'color' to the top-line number. The Atlanta Fed GDPNow model fills these three voids..."

• Click here to view recent GDPNow forecasts (PDF).
  
  
•  Click here to view the full GDPNow report.

 

--> www.FedPrimeRate.com Privacy Policy <-- >  SITEMAP  <

Latest GDPNow Real Gross Domestic Product Forecast for Q3:2016

The Federal Reserve Bank of Atlanta released its latest GDPNow forecast for the growth rate of real gross domestic product (GDP) for the third quarter of 2016.

==============

Latest Forecast for Q3, 2016: +1.9%

==============

Previous Reading (October 7, 2016): +2.1%

==============

GDPNow: October 14, 2016

==============


From Today's Report:

"...The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2016 is 1.9% on October 14, down from 2.1% on October 7. The forecast of third-quarter real personal consumption expenditures growth fell from 2.9 percent to 2.6% after this morning's retail sales report from the U.S. Census Bureau..."

About The GDPNow Forecast Model:

"...The growth rate of real gross domestic product (GDP) measured by the U.S. Bureau of Economic Analysis (BEA) is a key metric of the pace of economic activity. It is one of the four variables included in the economic projections of Federal Reserve Board members and Bank presidents for every other Federal Open Market Committee (FOMC) meeting. As with many economic statistics, GDP estimates are released with a lag whose timing can be important for policymakers. For example, of the four scheduled 2014 release dates of an 'advance' (or first) estimate of GDP growth, two are on the second day of a scheduled FOMC meeting with the other two on the day after the meeting. In preparation for FOMC meetings, policymaker have the Fed Board staff projection of this 'advance' estimate at their disposal...

...The Atlanta Fed GDPNow model also mimics the methods used by the BEA to estimate real GDP growth. The GDPNow forecast is constructed by aggregating statistical model forecasts of 13 subcomponents that comprise GDP. Other private forecasters use similar approaches to 'nowcast' GDP growth. However, these forecasts are not updated more than once a month or quarter, are not publicly available, or do not have forecasts of the subcomponents of GDP that add 'color' to the top-line number. The Atlanta Fed GDPNow model fills these three voids..."

• Click here to view recent GDPNow forecasts (PDF).
  
  
•  Click here to view the full GDPNow report.

--> www.FedPrimeRate.com Privacy Policy <-- >  SITEMAP  <

Latest GDPNow Real Gross Domestic Product Forecast for Q3:2016

The Federal Reserve Bank of Atlanta released its latest GDPNow forecast for the growth rate of real gross domestic product (GDP) for the third quarter of 2016.

==============

Latest Forecast for Q3, 2016: +2.1%

==============

Previous Reading (October 5, 2016): +2.2%

==============

GDPNow: October 7, 2016

==============


From Today's Report:

"...The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2016 is 2.1% on October 7, down from 2.2% on October 5. The forecast of the contribution of inventory investment to third-quarter real GDP growth fell from 0.28 percentage points to 0.24 percentage points after this morning's wholesale trade report from the U.S. Census Bureau. The forecast of real government spending growth fell from 0.1% to –0.1% following this morning's employment release from the U.S. Bureau of Labor Statistics..."

About The GDPNow Forecast Model:

"...The growth rate of real gross domestic product (GDP) measured by the U.S. Bureau of Economic Analysis (BEA) is a key metric of the pace of economic activity. It is one of the four variables included in the economic projections of Federal Reserve Board members and Bank presidents for every other Federal Open Market Committee (FOMC) meeting. As with many economic statistics, GDP estimates are released with a lag whose timing can be important for policymakers. For example, of the four scheduled 2014 release dates of an 'advance' (or first) estimate of GDP growth, two are on the second day of a scheduled FOMC meeting with the other two on the day after the meeting. In preparation for FOMC meetings, policymaker have the Fed Board staff projection of this 'advance' estimate at their disposal...

...The Atlanta Fed GDPNow model also mimics the methods used by the BEA to estimate real GDP growth. The GDPNow forecast is constructed by aggregating statistical model forecasts of 13 subcomponents that comprise GDP. Other private forecasters use similar approaches to 'nowcast' GDP growth. However, these forecasts are not updated more than once a month or quarter, are not publicly available, or do not have forecasts of the subcomponents of GDP that add 'color' to the top-line number. The Atlanta Fed GDPNow model fills these three voids..."

• Click here to view recent GDPNow forecasts (PDF).
  
  
•  Click here to view the full GDPNow report.

--> www.FedPrimeRate.com Privacy Policy <-- >  SITEMAP  <

Latest GDPNow Real Gross Domestic Product Forecast for Q3:2016

The Federal Reserve Bank of Atlanta released its latest GDPNow forecast for the growth rate of real gross domestic product (GDP) for the third quarter of 2016.

==============

Latest Forecast for Q3, 2016: +2.2%

==============

Previous Reading (September 30, 2016): +2.4%

==============

GDPNow: October 3, 2016

==============


From Today's Report:

"...The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2016 is 2.2% on October 3, down from 2.4% on September 30. After this morning's construction spending report from the U.S. Census Bureau, the forecast of third-quarter real nonresidential structures investment growth fell from 8.4% to 4.7% and the forecast of third-quarter real government spending growth declined from 0.8% to 0.1%..."

About The GDPNow Forecast Model:

"...The growth rate of real gross domestic product (GDP) measured by the U.S. Bureau of Economic Analysis (BEA) is a key metric of the pace of economic activity. It is one of the four variables included in the economic projections of Federal Reserve Board members and Bank presidents for every other Federal Open Market Committee (FOMC) meeting. As with many economic statistics, GDP estimates are released with a lag whose timing can be important for policymakers. For example, of the four scheduled 2014 release dates of an 'advance' (or first) estimate of GDP growth, two are on the second day of a scheduled FOMC meeting with the other two on the day after the meeting. In preparation for FOMC meetings, policymaker have the Fed Board staff projection of this 'advance' estimate at their disposal...

...The Atlanta Fed GDPNow model also mimics the methods used by the BEA to estimate real GDP growth. The GDPNow forecast is constructed by aggregating statistical model forecasts of 13 subcomponents that comprise GDP. Other private forecasters use similar approaches to 'nowcast' GDP growth. However, these forecasts are not updated more than once a month or quarter, are not publicly available, or do not have forecasts of the subcomponents of GDP that add 'color' to the top-line number. The Atlanta Fed GDPNow model fills these three voids..."

• Click here to view recent GDPNow forecasts (PDF).
  
  
•  Click here to view the full GDPNow report.

--> www.FedPrimeRate.com Privacy Policy <-- >  SITEMAP  <

Latest GDPNow Real Gross Domestic Product Forecast for Q3:2016

The Federal Reserve Bank of Atlanta released its latest GDPNow forecast for the growth rate of real gross domestic product (GDP) for the third quarter of 2016.

==============

Latest Forecast for Q3, 2016: +2.8%

==============

Previous Reading (September 15, 2016): +2.9%

==============

GDPNow: September 28, 2016

==============


From Today's Report:

"...The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2016 is 2.8% on September 28, down from 2.9% on September 20. The forecast of third-quarter real equipment investment growth fell from 1.5% to 0.8% after this morning's advance durable manufacturing report from the U.S. Census Bureau. The forecast of third-quarter real investment residential growth, which now stands at –8.9%, declined by 1.3 percentage points on both September 22 and September 26 following the release of housing data on those dates..."

About The GDPNow Forecast Model:

"...The growth rate of real gross domestic product (GDP) measured by the U.S. Bureau of Economic Analysis (BEA) is a key metric of the pace of economic activity. It is one of the four variables included in the economic projections of Federal Reserve Board members and Bank presidents for every other Federal Open Market Committee (FOMC) meeting. As with many economic statistics, GDP estimates are released with a lag whose timing can be important for policymakers. For example, of the four scheduled 2014 release dates of an 'advance' (or first) estimate of GDP growth, two are on the second day of a scheduled FOMC meeting with the other two on the day after the meeting. In preparation for FOMC meetings, policymaker have the Fed Board staff projection of this 'advance' estimate at their disposal...

...The Atlanta Fed GDPNow model also mimics the methods used by the BEA to estimate real GDP growth. The GDPNow forecast is constructed by aggregating statistical model forecasts of 13 subcomponents that comprise GDP. Other private forecasters use similar approaches to 'nowcast' GDP growth. However, these forecasts are not updated more than once a month or quarter, are not publicly available, or do not have forecasts of the subcomponents of GDP that add 'color' to the top-line number. The Atlanta Fed GDPNow model fills these three voids..."

• Click here to view recent GDPNow forecasts (PDF).
  
  
•  Click here to view the full GDPNow report.

--> www.FedPrimeRate.com Privacy Policy <-- >  SITEMAP  <

Latest GDPNow Real Gross Domestic Product Forecast for Q3:2016

The Federal Reserve Bank of Atlanta released its latest GDPNow forecast for the growth rate of real gross domestic product (GDP) for the third quarter of 2016.

==============

Latest Forecast for Q3, 2016: +2.9%

==============

Previous Reading (September 15, 2016): +3.0%

==============
 

GDPNow: September 20, 2016

==============


From Today's Report:

"...The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2016 is +2.9% on September 20, down from +3.0% on September 15. The forecast of third-quarter real consumer spending growth ticked down from 3.1 percent to 3.0 percent after last Friday's Consumer Price Index release from the U.S. Bureau of Labor Statistics. The forecast of third-quarter real residential investment growth remained at -6.3 percent after this morning’s housing starts release from the U.S. Census Bureau..."

About The GDPNow Forecast Model:

"...The growth rate of real gross domestic product (GDP) measured by the U.S. Bureau of Economic Analysis (BEA) is a key metric of the pace of economic activity. It is one of the four variables included in the economic projections of Federal Reserve Board members and Bank presidents for every other Federal Open Market Committee (FOMC) meeting. As with many economic statistics, GDP estimates are released with a lag whose timing can be important for policymakers. For example, of the four scheduled 2014 release dates of an 'advance' (or first) estimate of GDP growth, two are on the second day of a scheduled FOMC meeting with the other two on the day after the meeting. In preparation for FOMC meetings, policymaker have the Fed Board staff projection of this 'advance' estimate at their disposal...

...The Atlanta Fed GDPNow model also mimics the methods used by the BEA to estimate real GDP growth. The GDPNow forecast is constructed by aggregating statistical model forecasts of 13 subcomponents that comprise GDP. Other private forecasters use similar approaches to 'nowcast' GDP growth. However, these forecasts are not updated more than once a month or quarter, are not publicly available, or do not have forecasts of the subcomponents of GDP that add 'color' to the top-line number. The Atlanta Fed GDPNow model fills these three voids..."

• Click here to view recent GDPNow forecasts (PDF).
  
  
•  Click here to view the full GDPNow report.

--> www.FedPrimeRate.com Privacy Policy <-- >  SITEMAP  <

Latest GDPNow Real Gross Domestic Product Forecast for Q3:2016

The Federal Reserve Bank of Atlanta released its latest GDPNow forecast for the growth rate of real gross domestic product (GDP) for the third quarter of 2016.

==============

Latest Forecast for Q3, 2016: +3.0%

==============

Previous Reading (September 2, 2016): +3.3%

==============

Latest GDPNow Forecast - Q3 2016 - September 15, 2016

==============


From Today's Report:

"...The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2016 is 3.0% on September 15, down from 3.3% on September 9. The forecast of third-quarter real consumer spending growth declined from 3.4 percent to 3.1 percent after this morning's retail sales report from the U.S. Census Bureau. The forecast of third-quarter real government spending growth declined from 1.3 percent to 0.8 percent after Tuesday's Monthly Treasury Statement from the U.S. Bureau of the Fiscal Service..."

About The GDPNow Forecast Model:

"...The growth rate of real gross domestic product (GDP) measured by the U.S. Bureau of Economic Analysis (BEA) is a key metric of the pace of economic activity. It is one of the four variables included in the economic projections of Federal Reserve Board members and Bank presidents for every other Federal Open Market Committee (FOMC) meeting. As with many economic statistics, GDP estimates are released with a lag whose timing can be important for policymakers. For example, of the four scheduled 2014 release dates of an 'advance' (or first) estimate of GDP growth, two are on the second day of a scheduled FOMC meeting with the other two on the day after the meeting. In preparation for FOMC meetings, policymaker have the Fed Board staff projection of this 'advance' estimate at their disposal...

...The Atlanta Fed GDPNow model also mimics the methods used by the BEA to estimate real GDP growth. The GDPNow forecast is constructed by aggregating statistical model forecasts of 13 subcomponents that comprise GDP. Other private forecasters use similar approaches to 'nowcast' GDP growth. However, these forecasts are not updated more than once a month or quarter, are not publicly available, or do not have forecasts of the subcomponents of GDP that add 'color' to the top-line number. The Atlanta Fed GDPNow model fills these three voids..."

• Click here to view recent GDPNow forecasts (PDF).
  
  
•  Click here to view the full GDPNow report.

--> www.FedPrimeRate.com Privacy Policy <-- >  SITEMAP  <

Latest GDPNow Real Gross Domestic Product Forecast for Q3:2016

The Federal Reserve Bank of Atlanta released its latest GDPNow forecast for the growth rate of real gross domestic product (GDP) for the third quarter of 2016.

==============

Latest Forecast for Q3, 2016: +3.3%

==============

Previous Reading (September 2, 2016): +3.5%

==============

GDPNow: September 9, 2016

==============


From Today's Report:

"...The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2016 is 3.3% on September 9, down from 3.5% on September 2. The forecasts of third-quarter real consumer spending growth and real equipment investment growth declined from 3.5% to 3.4% and from 3.3% to 2.0%, respectively, on Tuesday after the motor vehicle sales release from the U.S. Bureau of Economic Analysis and the Non-Manufacturing ISM Report On Business. The forecast of the contribution of inventory investment to third-quarter real GDP growth decreased from 0.62 percentage point to 0.57 percentage point after this morning's wholesale trade report from the U.S. Census Bureau..."

About The GDPNow Forecast Model:

"...The growth rate of real gross domestic product (GDP) measured by the U.S. Bureau of Economic Analysis (BEA) is a key metric of the pace of economic activity. It is one of the four variables included in the economic projections of Federal Reserve Board members and Bank presidents for every other Federal Open Market Committee (FOMC) meeting. As with many economic statistics, GDP estimates are released with a lag whose timing can be important for policymakers. For example, of the four scheduled 2014 release dates of an 'advance' (or first) estimate of GDP growth, two are on the second day of a scheduled FOMC meeting with the other two on the day after the meeting. In preparation for FOMC meetings, policymaker have the Fed Board staff projection of this 'advance' estimate at their disposal...

...The Atlanta Fed GDPNow model also mimics the methods used by the BEA to estimate real GDP growth. The GDPNow forecast is constructed by aggregating statistical model forecasts of 13 subcomponents that comprise GDP. Other private forecasters use similar approaches to 'nowcast' GDP growth. However, these forecasts are not updated more than once a month or quarter, are not publicly available, or do not have forecasts of the subcomponents of GDP that add 'color' to the top-line number. The Atlanta Fed GDPNow model fills these three voids..."

• Click here to view recent GDPNow forecasts (PDF).
  
  
•  Click here to view the full GDPNow report.

--> www.FedPrimeRate.com Privacy Policy <-- >  SITEMAP  <

Latest GDPNow Real Gross Domestic Product Forecast for Q3:2016

The Federal Reserve Bank of Atlanta released its latest GDPNow forecast for the growth rate of real gross domestic product (GDP) for the third quarter of 2016.

==============

Latest Forecast for Q3, 2016: +3.5%

==============

Previous Reading (September 1, 2016): +3.2%

==============

GDPNow: September 2, 2016

==============


From Today's Report:

"...The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2016 is 3.5% on September 2, up from 3.2% on September 1. The forecast of the contribution of net exports to third-quarter real GDP growth increased from –0.38 percentage points to –0.16 percentage points after this morning's international trade release from the U.S. Census Bureau...."

About The GDPNow Forecast Model:

"...The growth rate of real gross domestic product (GDP) measured by the U.S. Bureau of Economic Analysis (BEA) is a key metric of the pace of economic activity. It is one of the four variables included in the economic projections of Federal Reserve Board members and Bank presidents for every other Federal Open Market Committee (FOMC) meeting. As with many economic statistics, GDP estimates are released with a lag whose timing can be important for policymakers. For example, of the four scheduled 2014 release dates of an 'advance' (or first) estimate of GDP growth, two are on the second day of a scheduled FOMC meeting with the other two on the day after the meeting. In preparation for FOMC meetings, policymaker have the Fed Board staff projection of this 'advance' estimate at their disposal...

...The Atlanta Fed GDPNow model also mimics the methods used by the BEA to estimate real GDP growth. The GDPNow forecast is constructed by aggregating statistical model forecasts of 13 subcomponents that comprise GDP. Other private forecasters use similar approaches to 'nowcast' GDP growth. However, these forecasts are not updated more than once a month or quarter, are not publicly available, or do not have forecasts of the subcomponents of GDP that add 'color' to the top-line number. The Atlanta Fed GDPNow model fills these three voids..."

• Click here to view recent GDPNow forecasts (PDF).
  
  
•  Click here to view the full GDPNow report.
  
  

--> www.FedPrimeRate.com Privacy Policy <-- >  SITEMAP  <

Latest GDPNow Real Gross Domestic Product Forecast for Q3:2016

The Federal Reserve Bank of Atlanta released its latest GDPNow forecast for the growth rate of real gross domestic product (GDP) for the third quarter of 2016.

==============

Latest Forecast for Q3, 2016: +3.5%

==============

Previous Reading (August 25, 2016): +3.4%

==============

GDPNow: August 29, 2016

==============


From Today's Report:

"...The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2016 is 3.5% on August 29, up from 3.4% on August 25. The forecast for third-quarter real personal consumption expenditures growth increased from 3.5 percent to 3.8 percent after this morning's personal income and outlays release from the U.S. Bureau of Economic Analysis. This was partly offset by a decline in the forecast of the contribution of inventory investment to third-quarter real GDP growth from 0.78 percentage point to 0.65 percentage point after Friday's Advance Economic Indicators Report from the U.S. Census Bureau..."

About The GDPNow Forecast Model:

"...The growth rate of real gross domestic product (GDP) measured by the U.S. Bureau of Economic Analysis (BEA) is a key metric of the pace of economic activity. It is one of the four variables included in the economic projections of Federal Reserve Board members and Bank presidents for every other Federal Open Market Committee (FOMC) meeting. As with many economic statistics, GDP estimates are released with a lag whose timing can be important for policymakers. For example, of the four scheduled 2014 release dates of an 'advance' (or first) estimate of GDP growth, two are on the second day of a scheduled FOMC meeting with the other two on the day after the meeting. In preparation for FOMC meetings, policymaker have the Fed Board staff projection of this 'advance' estimate at their disposal...

...The Atlanta Fed GDPNow model also mimics the methods used by the BEA to estimate real GDP growth. The GDPNow forecast is constructed by aggregating statistical model forecasts of 13 subcomponents that comprise GDP. Other private forecasters use similar approaches to 'nowcast' GDP growth. However, these forecasts are not updated more than once a month or quarter, are not publicly available, or do not have forecasts of the subcomponents of GDP that add 'color' to the top-line number. The Atlanta Fed GDPNow model fills these three voids..."

• Click here to view recent GDPNow forecasts (PDF).
  
  
•  Click here to view the full GDPNow report.
  
  

--> www.FedPrimeRate.com Privacy Policy <-- >  SITEMAP  <

Latest GDPNow Real Gross Domestic Product Forecast for Q3:2016

The Federal Reserve Bank of Atlanta released its latest GDPNow forecast for the growth rate of real gross domestic product (GDP) for the third quarter of 2016.

==============

Latest Forecast for Q3, 2016: +3.6%

==============

Previous Reading (August 12, 2016): +3.5%

==============

GDPNow: August 16, 2016

==============


From Today's Report:

"...The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2016 is 3.6% on August 16, up from 3.5% on August 12. After this morning's new residential construction release from the U.S. Census Bureau, the forecast for third-quarter real residential investment growth increased from 0.4 percent to 2.4 percent..."

About The GDPNow Forecast Model:

"...The growth rate of real gross domestic product (GDP) measured by the U.S. Bureau of Economic Analysis (BEA) is a key metric of the pace of economic activity. It is one of the four variables included in the economic projections of Federal Reserve Board members and Bank presidents for every other Federal Open Market Committee (FOMC) meeting. As with many economic statistics, GDP estimates are released with a lag whose timing can be important for policymakers. For example, of the four scheduled 2014 release dates of an 'advance' (or first) estimate of GDP growth, two are on the second day of a scheduled FOMC meeting with the other two on the day after the meeting. In preparation for FOMC meetings, policymaker have the Fed Board staff projection of this 'advance' estimate at their disposal...

...The Atlanta Fed GDPNow model also mimics the methods used by the BEA to estimate real GDP growth. The GDPNow forecast is constructed by aggregating statistical model forecasts of 13 subcomponents that comprise GDP. Other private forecasters use similar approaches to 'nowcast' GDP growth. However, these forecasts are not updated more than once a month or quarter, are not publicly available, or do not have forecasts of the subcomponents of GDP that add 'color' to the top-line number. The Atlanta Fed GDPNow model fills these three voids..."

• Click here to view recent GDPNow forecasts (PDF).
  
  
•  Click here to view the full GDPNow report.
  
  

--> www.FedPrimeRate.com Privacy Policy <-- >  SITEMAP  <

Latest GDPNow Real Gross Domestic Product Forecast for Q3:2016

The Federal Reserve Bank of Atlanta released its latest GDPNow forecast for the growth rate of real gross domestic product (GDP) for the third quarter of 2016.

==============

Latest Forecast for Q3, 2016: +3.5%

==============

Previous Reading (August 9, 2016): +3.7%

==============

GDPNow: August 12, 2016

==============


From Today's Report:

"...The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2016 is 3.5% on August 12, down from 3.7% on August 9. After this morning's retail sales report from the U.S. Census Bureau, the forecast for third-quarter real consumer spending growth declined from 3.7 percent to 3.4 percent..."

About The GDPNow Forecast Model:

"...The growth rate of real gross domestic product (GDP) measured by the U.S. Bureau of Economic Analysis (BEA) is a key metric of the pace of economic activity. It is one of the four variables included in the economic projections of Federal Reserve Board members and Bank presidents for every other Federal Open Market Committee (FOMC) meeting. As with many economic statistics, GDP estimates are released with a lag whose timing can be important for policymakers. For example, of the four scheduled 2014 release dates of an 'advance' (or first) estimate of GDP growth, two are on the second day of a scheduled FOMC meeting with the other two on the day after the meeting. In preparation for FOMC meetings, policymaker have the Fed Board staff projection of this 'advance' estimate at their disposal...

...The Atlanta Fed GDPNow model also mimics the methods used by the BEA to estimate real GDP growth. The GDPNow forecast is constructed by aggregating statistical model forecasts of 13 subcomponents that comprise GDP. Other private forecasters use similar approaches to 'nowcast' GDP growth. However, these forecasts are not updated more than once a month or quarter, are not publicly available, or do not have forecasts of the subcomponents of GDP that add 'color' to the top-line number. The Atlanta Fed GDPNow model fills these three voids..."

• Click here to view recent GDPNow forecasts (PDF).
  
  
•  Click here to view the full GDPNow report.
  
  

--> www.FedPrimeRate.com Privacy Policy <-- >  SITEMAP  <

Latest GDPNow Real Gross Domestic Product Forecast for Q2:2016

The Federal Reserve Bank of Atlanta released its latest GDPNow forecast for the growth rate of real gross domestic product (GDP) for the second quarter of 2016.

==============

Latest Forecast for Q2, 2016: +2.4%

==============

Previous Reading (July 15, 2016): +2.4%

==============

GDPNow: July 19, 2016

==============


From Today's Report:

"...The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2016 is 2.4% on July 19, unchanged from July 15. The forecast for second-quarter real residential investment growth ticked up from -3.2 percent to -3.1 percent after this morning's new residential construction release from the U.S. Census Bureau...."

About The GDPNow Forecast Model:

"...The growth rate of real gross domestic product (GDP) measured by the U.S. Bureau of Economic Analysis (BEA) is a key metric of the pace of economic activity. It is one of the four variables included in the economic projections of Federal Reserve Board members and Bank presidents for every other Federal Open Market Committee (FOMC) meeting. As with many economic statistics, GDP estimates are released with a lag whose timing can be important for policymakers. For example, of the four scheduled 2014 release dates of an 'advance' (or first) estimate of GDP growth, two are on the second day of a scheduled FOMC meeting with the other two on the day after the meeting. In preparation for FOMC meetings, policymaker have the Fed Board staff projection of this 'advance' estimate at their disposal...

...The Atlanta Fed GDPNow model also mimics the methods used by the BEA to estimate real GDP growth. The GDPNow forecast is constructed by aggregating statistical model forecasts of 13 subcomponents that comprise GDP. Other private forecasters use similar approaches to 'nowcast' GDP growth. However, these forecasts are not updated more than once a month or quarter, are not publicly available, or do not have forecasts of the subcomponents of GDP that add 'color' to the top-line number. The Atlanta Fed GDPNow model fills these three voids..."

• Click here to view recent GDPNow forecasts (PDF).
  
  
•  Click here to view the full GDPNow report.
  
  

--> www.FedPrimeRate.com Privacy Policy <-- >  SITEMAP  <

Latest GDPNow Real Gross Domestic Product Forecast for Q2:2016

The Federal Reserve Bank of Atlanta released its latest GDPNow forecast for the growth rate of real gross domestic product (GDP) for the second quarter of 2016.

==============

Latest Forecast for Q2, 2016: +2.3%

Previous Reading (July 6, 2016): +2.4%

==============

GDPNow: July 12, 2016

==============


From Today's Report:

"...The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2016 is 2.3% on July 12, down from 2.4 percent on July 6. The forecast of the contribution of inventory investment to second-quarter real GDP growth ticked down from -0.50 percentage points to -0.55 percentage points after this morning's wholesale trade report from the U.S. Census Bureau..."

About The GDPNow Forecast Model:

"...The growth rate of real gross domestic product (GDP) measured by the U.S. Bureau of Economic Analysis (BEA) is a key metric of the pace of economic activity. It is one of the four variables included in the economic projections of Federal Reserve Board members and Bank presidents for every other Federal Open Market Committee (FOMC) meeting. As with many economic statistics, GDP estimates are released with a lag whose timing can be important for policymakers. For example, of the four scheduled 2014 release dates of an 'advance' (or first) estimate of GDP growth, two are on the second day of a scheduled FOMC meeting with the other two on the day after the meeting. In preparation for FOMC meetings, policymaker have the Fed Board staff projection of this 'advance' estimate at their disposal...

...The Atlanta Fed GDPNow model also mimics the methods used by the BEA to estimate real GDP growth. The GDPNow forecast is constructed by aggregating statistical model forecasts of 13 subcomponents that comprise GDP. Other private forecasters use similar approaches to 'nowcast' GDP growth. However, these forecasts are not updated more than once a month or quarter, are not publicly available, or do not have forecasts of the subcomponents of GDP that add 'color' to the top-line number. The Atlanta Fed GDPNow model fills these three voids..."

• Click here to view recent GDPNow forecasts (PDF).
  
  
•  Click here to view the full GDPNow report.
  
  

--> www.FedPrimeRate.com Privacy Policy <-- >  SITEMAP  <

Latest GDPNow Real Gross Domestic Product Forecast for Q2:2016

The Federal Reserve Bank of Atlanta released its latest GDPNow forecast for the growth rate of real gross domestic product (GDP) for the second quarter of 2016.

==============

Latest Forecast for Q2, 2016: +2.4%

Previous Reading (July 1, 2016): +2.6%

==============

GDPNow: July 6, 2016

==============


From Today's Report:

"...The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2016 is 2.4% on July 6, down from 2.6 percent on July 1. The forecast for second-quarter real consumer spending growth ticked down from 4.4 percent to 4.3 percent after yesterday's light vehicle sales release from the U.S. Bureau of Economic Analysis. The forecast of the contribution of net exports to second-quarter real GDP growth declined from 0.25 percentage points to 0.15 percentage points after this morning's international trade report from the U.S. Census Bureau..."

About The GDPNow Forecast Model:

"...The growth rate of real gross domestic product (GDP) measured by the U.S. Bureau of Economic Analysis (BEA) is a key metric of the pace of economic activity. It is one of the four variables included in the economic projections of Federal Reserve Board members and Bank presidents for every other Federal Open Market Committee (FOMC) meeting. As with many economic statistics, GDP estimates are released with a lag whose timing can be important for policymakers. For example, of the four scheduled 2014 release dates of an 'advance' (or first) estimate of GDP growth, two are on the second day of a scheduled FOMC meeting with the other two on the day after the meeting. In preparation for FOMC meetings, policymaker have the Fed Board staff projection of this 'advance' estimate at their disposal...

...The Atlanta Fed GDPNow model also mimics the methods used by the BEA to estimate real GDP growth. The GDPNow forecast is constructed by aggregating statistical model forecasts of 13 subcomponents that comprise GDP. Other private forecasters use similar approaches to 'nowcast' GDP growth. However, these forecasts are not updated more than once a month or quarter, are not publicly available, or do not have forecasts of the subcomponents of GDP that add 'color' to the top-line number. The Atlanta Fed GDPNow model fills these three voids..."

• Click here to view recent GDPNow forecasts (PDF).
  
  
•  Click here to view the full GDPNow report.
  
  

--> www.FedPrimeRate.com Privacy Policy <-- >  SITEMAP  <

Latest GDPNow Real Gross Domestic Product Forecast for Q2:2016

The Federal Reserve Bank of Atlanta released its latest GDPNow forecast for the growth rate of real gross domestic product (GDP) for the second quarter of 2016.

==============

Latest Forecast for Q2, 2016: +2.6%
Previous Reading: +2.8%

GDPNow: June 24, 2016

==============


From Today's Report:

"...The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2016 is 2.6% on June 24, down from 2.8% on June 17. The forecast for second-quarter real residential investment growth declined from 3.6% to 1.7% yesterday after the U.S. Census Bureau released data on new home sales, prices, and construction costs. The forecast for the contribution of inventory investment to second-quarter growth declined from -0.41 percentage point to -0.53 percentage point after this morning's advance durable manufacturing report from the Census Bureau...."

About The GDPNow Forecast Model:

"...The growth rate of real gross domestic product (GDP) measured by the U.S. Bureau of Economic Analysis (BEA) is a key metric of the pace of economic activity. It is one of the four variables included in the economic projections of Federal Reserve Board members and Bank presidents for every other Federal Open Market Committee (FOMC) meeting. As with many economic statistics, GDP estimates are released with a lag whose timing can be important for policymakers. For example, of the four scheduled 2014 release dates of an 'advance' (or first) estimate of GDP growth, two are on the second day of a scheduled FOMC meeting with the other two on the day after the meeting. In preparation for FOMC meetings, policymaker have the Fed Board staff projection of this 'advance' estimate at their disposal...

...The Atlanta Fed GDPNow model also mimics the methods used by the BEA to estimate real GDP growth. The GDPNow forecast is constructed by aggregating statistical model forecasts of 13 subcomponents that comprise GDP. Other private forecasters use similar approaches to 'nowcast' GDP growth. However, these forecasts are not updated more than once a month or quarter, are not publicly available, or do not have forecasts of the subcomponents of GDP that add 'color' to the top-line number. The Atlanta Fed GDPNow model fills these three voids..."

• Click here to view recent GDPNow forecasts (PDF).
  
  
•  Click here to view the full GDPNow report.
  
  

--> www.FedPrimeRate.com Privacy Policy <-- >  SITEMAP  <

Latest GDPNow Real Gross Domestic Product Forecast for Q2:2016

The Federal Reserve Bank of Atlanta released its latest GDPNow forecast for the growth rate of real gross domestic product (GDP) for the second quarter of 2016.

==============

Latest Forecast for Q2, 2016: +2.8%
Previous Reading: +2.8%

GDPNow Forecast

==============


From Today's Report:

"...The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2016 is 2.8% on June 17, unchanged from June 14. Since the previous GDPNow update on Tuesday, the forecast for real consumer spending growth increased from 3.9 percent to 4.1 percent and the forecast for real residential investment growth increased from 2.5% to 3.5%. These increases were offset by a decline in the forecast of the contribution of inventory investment to second-quarter growth from -0.28 percentage points on June 14 to -0.41 percentage points this morning..."

About The GDPNow Forecast Model:

"...The growth rate of real gross domestic product (GDP) measured by the U.S. Bureau of Economic Analysis (BEA) is a key metric of the pace of economic activity. It is one of the four variables included in the economic projections of Federal Reserve Board members and Bank presidents for every other Federal Open Market Committee (FOMC) meeting. As with many economic statistics, GDP estimates are released with a lag whose timing can be important for policymakers. For example, of the four scheduled 2014 release dates of an 'advance' (or first) estimate of GDP growth, two are on the second day of a scheduled FOMC meeting with the other two on the day after the meeting. In preparation for FOMC meetings, policymakers have the Fed Board staff projection of this 'advance' estimate at their disposal...

...The Atlanta Fed GDPNow model also mimics the methods used by the BEA to estimate real GDP growth. The GDPNow forecast is constructed by aggregating statistical model forecasts of 13 subcomponents that comprise GDP. Other private forecasters use similar approaches to 'nowcast' GDP growth. However, these forecasts are not updated more than once a month or quarter, are not publicly available, or do not have forecasts of the subcomponents of GDP that add 'color' to the top-line number. The Atlanta Fed GDPNow model fills these three voids..."

• Click here to view recent GDPNow forecasts (PDF).
  
  
•  Click here to view the full GDPNow report.
  
  

--> www.FedPrimeRate.com Privacy Policy <-- >  SITEMAP  <

Latest GDPNow Real Gross Domestic Product Forecast for Q2:2016

The Federal Reserve Bank of Atlanta released its latest GDPNow forecast for the growth rate of real gross domestic product (GDP) for the second quarter of 2016.

==============

Latest Forecast for Q2, 2016: +2.8%
Previous Reading: +2.5%

GDPNow Forecast

==============


From Today's Report:

"...The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2016 is 2.8% on June 14, up from 2.5% on June 9. After this morning's retail sales release from the U.S. Census Bureau, the forecast for second-quarter real personal consumption expenditures growth increased from 3.5% to 3.9% percent..."

About The GDPNow Forecast Model:

"...The growth rate of real gross domestic product (GDP) measured by the U.S. Bureau of Economic Analysis (BEA) is a key metric of the pace of economic activity. It is one of the four variables included in the economic projections of Federal Reserve Board members and Bank presidents for every other Federal Open Market Committee (FOMC) meeting. As with many economic statistics, GDP estimates are released with a lag whose timing can be important for policymakers. For example, of the four scheduled 2014 release dates of an 'advance' (or first) estimate of GDP growth, two are on the second day of a scheduled FOMC meeting with the other two on the day after the meeting. In preparation for FOMC meetings, policymakers have the Fed Board staff projection of this 'advance' estimate at their disposal...

...The Atlanta Fed GDPNow model also mimics the methods used by the BEA to estimate real GDP growth. The GDPNow forecast is constructed by aggregating statistical model forecasts of 13 subcomponents that comprise GDP. Other private forecasters use similar approaches to 'nowcast' GDP growth. However, these forecasts are not updated more than once a month or quarter, are not publicly available, or do not have forecasts of the subcomponents of GDP that add 'color' to the top-line number. The Atlanta Fed GDPNow model fills these three voids..."

• Click here to view recent GDPNow forecasts (PDF).
  
  
•  Click here to view the full GDPNow report.
  
  

--> www.FedPrimeRate.com Privacy Policy <-- >  SITEMAP  <

Latest GDPNow Real Gross Domestic Product Forecast for Q2:2016

The Federal Reserve Bank of Atlanta released its latest GDPNow forecast for the growth rate of real gross domestic product (GDP) for the second quarter of 2016.

==============

Latest Forecast for Q2, 2016: +2.5%
Previous Reading: +2.5%

GDPNow Forecast

==============


From Today's Report:

"...The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2016 is 2.5% on June 9, unchanged from June 3. After this morning's wholesale trade release from the U.S. Census Bureau, the forecast for the contribution of inventory investment to second-quarter real GDP growth ticked up from -0.27 percentage points to -0.23 percentage points..."

About The GDPNow Forecast Model:

"...The growth rate of real gross domestic product (GDP) measured by the U.S. Bureau of Economic Analysis (BEA) is a key metric of the pace of economic activity. It is one of the four variables included in the economic projections of Federal Reserve Board members and Bank presidents for every other Federal Open Market Committee (FOMC) meeting. As with many economic statistics, GDP estimates are released with a lag whose timing can be important for policymakers. For example, of the four scheduled 2014 release dates of an 'advance' (or first) estimate of GDP growth, two are on the second day of a scheduled FOMC meeting with the other two on the day after the meeting. In preparation for FOMC meetings, policymakers have the Fed Board staff projection of this 'advance' estimate at their disposal...

...The Atlanta Fed GDPNow model also mimics the methods used by the BEA to estimate real GDP growth. The GDPNow forecast is constructed by aggregating statistical model forecasts of 13 subcomponents that comprise GDP. Other private forecasters use similar approaches to 'nowcast' GDP growth. However, these forecasts are not updated more than once a month or quarter, are not publicly available, or do not have forecasts of the subcomponents of GDP that add 'color' to the top-line number. The Atlanta Fed GDPNow model fills these three voids..."

• Click here to view recent GDPNow forecasts (PDF).
  
  
•  Click here to view the full GDPNow report.
  
  

--> www.FedPrimeRate.com Privacy Policy <-- >  SITEMAP  <