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Atlanta Fed GDPNow initial estimate for Q2 growth at 1.7%

The initial model estimate for Q2 growth from the Atlanta for GDPNow model, comes in at 1.7%. In their own words:The initial GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2023 is 1.7 percent on April 28. The initial estimate of first-quarter real GDP growth released by the US Bureau of Economic Analysis on April 27 was 1.1 percent, equal to the final GDPNow model nowcast released on April 26 after rounding.The next report will be announce o... Read More

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Posted: Apr 28 2023, 15:13

Author Name: forexlive

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