Atlanta Fed GDPNow This fall progress estimate stays at three.1%

The Atlanta Fed GDPNow progress estimate for This fall progress is available in unchanged at three.1%.

In their very own phrases:

The GDPNow mannequin estimate for actual GDP progress (seasonally adjusted annual price) within the fourth quarter of 2024 is three.1 % on December 24, unchanged from December 20 after rounding. After each the advance sturdy manufacturing report and the brand new house gross sales launch from the US Census Bureau, the nowcast of fourth-quarter actual gross non-public home funding progress elevated from 1.2 % to 1.three %.

The following GDPNow replace is Thursday, January 2. Please see the “Launch Dates” tab beneath for a listing of upcoming launch

This text was written by Emma Wang at www.ubaidahsan.com.



Source link