#gdpnow — Public Fediverse posts

I had somehow missed that the FED's GDPNow
projection had dropped again at the beginning of April.
This number is always off since different components of GDP are accounted at different times but still,. interesting.

https://www.atlantafed.org/cqer/research/gdpnow

#GDPNow #federalreserve #economics #politics #usa

Hah, so the next #GDPNow forecast release is happening in a few hours (2025-04-03) with the most recent inputs being "International trade (Full report), ISM Services". I'm feeling like 'overnight' is too fast for the most recent bit of tariff follies to show up in the inputs, so any drop *probably doesn't even include the worst inputs yet.*

Worth knowing that in the past 5-6 weeks it's gone from forecasting ~2% growth to ~3.7% shrinkage in GDP - and this isn't editorializing, it's just raw calculations based on a bunch of input data on purchasing, supply chains, etc.

How low will we go on forecasts even without the new follies?

https://www.atlantafed.org/cqer/research/gdpnow

#uspol #tariffs #economy

Hah, so the next #GDPNow forecast release is happening in a few hours (2025-04-03) with the most recent inputs being "International trade (Full report), ISM Services". I'm feeling like 'overnight' is too fast for the most recent bit of tariff follies to show up in the inputs, so any drop *probably doesn't even include the worst inputs yet.*

Worth knowing that in the past 5-6 weeks it's gone from forecasting ~2% growth to ~3.7% shrinkage in GDP - and this isn't editorializing, it's just raw calculations based on a bunch of input data on purchasing, supply chains, etc.

How low will we go on forecasts even without the new follies?

https://www.atlantafed.org/cqer/research/gdpnow

#uspol #tariffs #economy

Atlanta Fed predicts -2.8% GDP
https://www.atlantafed.org/cqer/research/gdpnow
#ycombinator #gdp #gdpnow #gdp_now #gross_domestic_product #inflation #forecast #forecasting #nowcast #nowcasting #economic_models

Atlanta Fed predicts -2.8% GDP
https://www.atlantafed.org/cqer/research/gdpnow
#ycombinator #gdp #gdpnow #gdp_now #gross_domestic_product #inflation #forecast #forecasting #nowcast #nowcasting #economic_models

The latest estimate for Q3 GDP growth by the Atlanta Fed is 2.9%, consistent with the previous estimate and in line with consensus expectations. #US #Atlanta #Fed #GDPNow

Atlanta Fed #GDPNow for Q2 is at 2.7%, surpassing the consensus of 2.5% and previous value of 2.5%. #GDP #Economy #AtlantaFed

#US Atlanta Fed #GDPNow for Q2 shows growth at 2.0%, exceeding consensus of 1.5% and previous estimate of 1.5%. #GDP #EconomicData

#Atlanta Fed #GDPNow for Q2 drops to 2.2%, missing the forecast of 2.7% and down from the previous 2.7%, indicating a slower economic growth outlook. #GDP #Fed #EconomicData

#Atlanta Fed's #GDPNow for #Q2 shows economic growth at an annualized rate of 3.1%, matching both the previous estimate and consensus forecast. #Fed

#Canada's #IveyPMI for May disappoints with a sharp decline to 52.0, signaling a slowdown in purchasing activity among Canadian businesses. In the #US, the #Atlanta #Fed's #GDPNow model projects a robust GDP #growth rate of 2.6% for the Q2, exceeding expectations.

The Atlanta #Fed #GDPNow reading has collapsed from over 4% estimated for Q2 at the beginning of May to below 2% following yesterday's soft #economic data.

The latest #GDPNow estimate from the #Atlanta #Fed for Q2 is 3.8%, slightly below the consensus of 4.2%, and unchanged from the previous estimate.