The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2025 is -2.8 percent on April 3, up from -3.7 percent on April 1. The alternative model forecast, which adjusts for imports and exports of gold as described here, is -0.8 percent. After today’s and yesterday’s releases from US Census Bureau, the US Bureau of Economic Analysis, and the Institute for Supply Management, both the standard model’s and the alternative model’s forecasts of first-quarter real final sales to private domestic purchasers growth increased from 0.4 percent to 1.4 percent.
The next GDPNow update is Wednesday, April 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. Read More Details
Finally We wish PressBee provided you with enough information of ( Atlanta FedGDPNow moves to -2.8% from -3.7% last. )
Also on site :