Atlanta Fed GDPNow growth estimate for Q2 rises to 2.6% from 2.5% ...Middle East

The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2025 is 2.6 percent on July 3, up from 2.5 percent on July 1. After recent releases from the US Census Bureau, the US Bureau of Economic Analysis, the US Bureau of Labor Statistics, and the Institute for Supply Management, the nowcasts of second-quarter real personal consumption expenditures growth and real gross private domestic investment growth increased from 1.5 percent and -11.9 percent, respectively, to 1.6 percent and -11.7 percent, while the nowcast of second-quarter real government expenditures growth increased from 2.0 percent to 2.3 percent.

The next GDPNow update is Wednesday, July 9. Please see the "Release Dates" tab below for a list of upcoming releases.

This article was written by Greg Michalowski at www.forexlive.com.

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