Free Trial

Atlanta Fed GDPNow Estimate

US

The Atlanta Federal Reserve's latest estimate for real GDP growth for Q2 '23 (seasonally adjusted annual rate) is currently 2.7%, unchanged from week ago level.

  • After last Friday's April jobs gain and this morning's Wholesale trade data, "an increase in the nowcast of second-quarter real gross private domestic investment growth from 2.7 percent to 4.2 percent was offset by a decrease in the nowcast of second-quarter real personal consumption expenditures growth from 2.1 percent to 1.8 percent.
  • Meanwhile the nowcast of the contribution of the change in real net exports to second-quarter real GDP growth increased from 0.31 percentage points to 0.35 percentage points.


To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.