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Atlanta Fed GDPNow estimate for Q2 growth unchanged at 2.7%

The Atlanta Fed is out with its most recent estimate for Q2 growth after the recent economic data. The last reported on May 4. In their own words:The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2023 is 2.7 percent on May 8, unchanged from May 4 after rounding. After last week's employment situation report from the US Bureau of Labor Statistics and this morning's wholesale trade report from the US Census Bureau, an increase in the nowcast o... Read More

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Posted: May 8 2023, 17:12

Author Name: forexlive

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