The Atlanta Fed GDPNow growth estimate for Q2 comes in at 2.5% vs 2.9% last. In their own words:
The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2025 is 2.5 percent on July 1, down from 2.9 percent on June 27. After this morning’s releases from the US Census Bureau and the Institute for Supply Management, the nowcasts of second-quarter real personal consumption expenditures growth and real gross private domestic investment growth decreased from 1.7 percent and -11.1 percent, respectively, to 1.5 percent and -11.9 percent.
The next GDPNow update is Thursday, July 3. Please see the “Release Dates” tab below for a list of upcoming releases.
This article was written by Greg Michalowski at www.forexlive.com.
