The Atlanta Fed GDPNow growth estimate for 3Q rose to 3.4% vs 3.1% on September 11. In theiir own words:
The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2025 is 3.4 percent on September 16, up from 3.1 percent on September 10. After recent releases from the US Census Bureau, US Bureau of Labor Statistics, and Treasury’s Bureau of the Fiscal Service, the nowcasts of third-quarter real personal consumption expenditures growth and real gross private domestic investment growth increased from 2.3 percent and 6.2 percent, respectively, to 2.7 percent and 6.9 percent, while the nowcast of the contribution of net exports to third-quarter real GDP growth decreased from 0.23 percentage points to 0.08 percentage points.
The next GDPNow update is Wednesday, September 17. Please see the “Release Dates” tab below for a list of upcoming releases.
This article was written by Greg Michalowski at investinglive.com.