Free Trial

Atlanta Fed GDPNow Rises to 2.89% From 2.61%

US DATA
  • After this morning's housing starts report, the nowcast of Q2 real residential investment growth increased from -6.3 percent to 0.6 percent.
  • The 2.9% for GDP is the highest yet in still early days for the Q2 tracker, and if accurate would mark a bounce from 1.1% in Q1 per the first estimate (second estimate May 25) and on a par with the 2.9% averaged in 2H22.
  • Next update due May 26.

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.