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Atlanta Fed GDPNow Q1 '23 Latest Estimate

US

The Atlanta Fed's GDPNow model estimate of real GDP growth for the first quarter of 2023 is unchanged from prior 0.7% est from last Fri. "After this morning’s construction spending release from the US Census Bureau and the Manufacturing ISM Report On Business from the Institute for Supply Management, the nowcast of the contribution of inventory investment to first-quarter real GDP growth increased from -1.43 percentage points to -1.40 percentage points."

Atlanta Federal Reserve

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