The Atlanta Fed GDPNow growth estimate for 23 falls to 2.3% from 2.5% last.
In their own words:
The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2025 is 2.3 percent on August 19, down from 2.5 percent on August 15. After this morning’s housing starts release from the US Census Bureau, the nowcast of third-quarter real residential investment growth decreased from 1.1 percent to -5.9 percent.
The next GDPNow update is Tuesday, August 26. Please see the “Release Dates” tab below for a list of upcoming releases.
This article was written by Greg Michalowski at investinglive.com.