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Atlanta Fed GDP Nowcast Updated to -1.2% From -1.6%

FED
  • As mentioned earlier today, Atlanta Fed GDP Nowcast updated to -1.2% from -1.6% on July 19th.
  • "After recent releases from the US Census Bureau and the National Association of Realtors, the nowcast of the contribution of inventory investment to second-quarter real GDP growth increased from -2.50 percentage points to -2.30 percentage points, while the the nowcast of the contribution of the change in real net exports to second-quarter real GDP growth increased from 0.18 percentage points to 0.59 percentage points."
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  • As mentioned earlier today, Atlanta Fed GDP Nowcast updated to -1.2% from -1.6% on July 19th.
  • "After recent releases from the US Census Bureau and the National Association of Realtors, the nowcast of the contribution of inventory investment to second-quarter real GDP growth increased from -2.50 percentage points to -2.30 percentage points, while the the nowcast of the contribution of the change in real net exports to second-quarter real GDP growth increased from 0.18 percentage points to 0.59 percentage points."