Atlanta Fed GDPNow growth estimate for Q3 dips to 3.8% from 3.9% previously

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The Atlanta FedGDPNow growth is referred Q3 dipped to 3.8% from 3.9% previously. In their own words:

The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2025 is 3.8 percent percent on December 4, down from 3.9 percent on December 1. After recent releases from the US Census Bureau, the US Bureau of Labor Statistics, the US Bureau of Economic Analysis, the Federal Reserve Board of Governors, and the Institute for Supply Management, decreases in the nowcasts of real personal consumption expenditures growth and real gross private domestic investment growth from 3.2 percent and 3.4 percent, respectively, to 3.1 percent and 3.0 percent, were partially offset by an increase in the nowcast in the contribution of net exports to GDP growth from 0.80 percentage points to 0.85 percentage points.

The next GDPNow update will be no later than Friday, December 5. The first model nowcast for fourth-quarter GDP growth will not occur before Tuesday, December 23.

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