Atlanta GDPNow progress estimate adjusted for exports and imports of gold -Zero.four% vs -Zero.1%

The Atlanta Fed GDPNow progress estimate for Q2 adjusting for exports and imports of gold did not -Zero.four% from -Zero.1% beforehand. The unadjusted GDP forecast got here in at -2.5% down from -2.2% on April 17.

The GDPNow mannequin estimate for actual GDP progress (seasonally adjusted annual fee) within the first quarter of 2025 is -2.5 p.c on April 24, down from -2.2 p.c on April 17. The choice mannequin forecast, which adjusts for imports and exports of gold as described right here, is -Zero.four p.c. After current releases from the US Census Bureau and the Nationwide Affiliation of Realtors, each the usual mannequin’s and the choice mannequin’s nowcasts of first-quarter actual gross non-public home funding progress decreased from eight.9 p.c to 7.1 p.c.

The following GDPNow replace is Tuesday, April 29. Please see the “Launch Dates” tab under for a listing of upcoming releases.

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



Source link