Atlanta Fed GDPNow 2.9% versus 2.4% last ...Middle East

In their own words:

The final GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2025 is 2.9 percent on July 29, up from 2.4 percent on July 25. After this morning’s Advance Economic Indicators report from the US Census Bureau, a decline in the nowcast of real gross private domestic investment growth from -11.7 percent to -12.7 percent was more than offset by an increase in the nowcast of the contribution of net exports to real GDP growth from 3.31 percentage points to 4.04 percentage points.

The next GDPNow update is Thursday, July 31 but it will be the intial estimate for Q3.

This article was written by Greg Michalowski at investinglive.com.

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