GDPNow GDP growth estimate
The Atlanta Fed GDP now growth estimate for second-quarter remain unchanged at 2.4%. In their own words:
The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2025 is 2.4 percent on July 18, unchanged from July 17 after rounding. After this morning’s housing starts release from the US Census Bureau, the nowcast of second-quarter real residential investment growth decreased from -6.4 percent to -7.0 percent.
The next GDPNow update is Friday, July 25. Please see the “Release Dates” tab below for a list of upcoming releases.
For your guide,the advance estimate for Q2 2025 real GDP on Wednesday, July 30, 2025, at 8:30 a.m. ET. That is the day of the US Federal Reserve rate decision. In that same week will be the US jobs report and the start of the new tariffs (from ‘The Letters”).
In addition, that week will be a key week for earnings. Below is a sampling of companies scheduled to release during the week:
Monday, July 28 (Pre-Market):
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Boeing (BA)
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Procter & Gamble (PG)
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UnitedHealth Group (UNH)
Monday, July 28 (After Market Close):
Tuesday, July 29 (After Market Close):
Wednesday, July 30 (Pre-Market):
Wednesday, July 30 (After Market Close):
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