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1. • • The Atlanta Fed kept its second quarter economic growth estimate unchanged on Tuesday, citing the consumption and investment data. The GDPNow model estimate for seasonally adjusted annual real GDP growth in the second quarter was 3.1 percent, unchanged from the estimate released on June 7.
     Reference:

     Atlanta Fed Retains Q2 GDP Growth Estimate At 3.1% - RTTNews

2. People also ask

   Why did the Atlanta Fed cut its second quarter economic growth estimate?

   • (RTTNews) - The Atlanta Fed slightly cut its second quarter economic growth estimate on Thursday, citing a downgrade to the investment component following the release of housing starts data earlier in the day.

   Atlanta Fed Lowers Q2 GDP Growth Estimate To 3%

   markets.businessinsider.com/news/interestrates/atlanta-fed-lowers-q2-gdp-growth-estimate-to-3-1033494151

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   What is the Atlanta Fed's GDP now estimate?

   • The Atlanta Fed’s GDPNow estimate predicts 4.2% seasonally adjusted annual growth, up from a prior estimate of 3.3%. The consensus for annual GDP growth among economists polled by FactSet sits at 2.9%. The Atlanta Fed

   Atlanta Fed: Economy May Grow Faster Than Expected

   www.barrons.com/livecoverage/stock-market-today-050824/card/atlanta-fed-economy-may-grow-faster-than-expected-VqSfLphXdh9AxKjdFc4R

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   Will the US economy grow faster in the second quarter?

   • The U.S. economy may grow faster in the second quarter than economists expected. The Atlanta Fed’s GDPNow estimate predicts 4.2% seasonally adjusted annual growth, up from a prior estimate of 3.3%. The consensus for annual GDP growth among economists polled by FactSet sits at 2.9%.

   Atlanta Fed: Economy May Grow Faster Than Expected

   www.barrons.com/livecoverage/stock-market-today-050824/card/atlanta-fed-economy-may-grow-faster-than-expected-VqSfLphXdh9AxKjdFc4R

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   What is the Atlanta Fed GDPNow model?

   • The Atlanta Fed GDPNow model fills these three voids. The BEA’s advance estimates of the subcomponents of GDP use publicly released data from the U.S. Census Bureau, U.S. Bureau of Labor Statistics, and other sources. Much of this data is displayed in the BEA’s Key Source Data and Assumptions table that accompanies the “advance” GDP estimate.

   GDPNow - Federal Reserve Bank of Atlanta

   www.atlantafed.org/cqer/research/gdpnow

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   What percentage will GDP grow in the third quarter of 2024?

   • Latest estimate: 3.2 percent — October 08, 2024 The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2024 is 3.2 percent on October 8, up from 2.5 percent on October 1.

   GDPNow - Federal Reserve Bank of Atlanta

   www.atlantafed.org/cqer/research/gdpnow

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   Why did the Atlanta Fed lower its Q2 GDP projection?

   • The Atlanta Fed lowered its Q2 GDP projection to -2.1% after analyzing the Manufacturing ISM Report On Business from the Institute for Supply Management and the construction report from the US Census Bureau, which came in relatively flat. This indicates a recession.

   Atlanta Fed Forecasts Official Recession With Negative GDP Growth In Q2

   seekingalpha.com/article/4521771-atlanta-fed-forecasts-official-recession-with-negative-gdp-growth-in-q2

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3. www.atlantafed.org › cqer › researchGDPNow - Federal Reserve Bank of Atlanta

   www.atlantafed.org › cqer › research

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   Oct 29, 2014 · Latest estimate: 2.8 percent — October 29, 2024. The final GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2024 is 2.8 percent on October 29, down from 3.3 percent on October 25.

   • GDPNow

     Latest estimate: 3.4 percent — October 18, 2024. The GDPNow...

   • View an Archive of Recent Commentaries

     October 17, 2024. The GDPNow model estimate for real GDP...

4. www.atlantafed.org › cqer › featureSecond-Quarter GDP Growth Estimate Decreased - Federal ...

   www.atlantafed.org › cqer › feature

   • Cached

   Jul 24, 2024 · On July 24, the GDPNow model estimate for real GDP growth in the second quarter of 2024 is 2.6 percent, down from 2.7 percent on July 17. View GDPNow for more details.

5. www.atlantafed.org › - › mediaAtlanta Fed GDPNow Estimate for 2024: Q3

   www.atlantafed.org › - › media

   GDPNow is not an official forecast of the Atlanta Fed. Rather, it is best viewed as a running estimate of real GDP growth based on available economic data for the current measured quarter. There are no subjective adjustments made to GDPNow—the estimate is based solely on the mathematical results of the model.

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6. www.centralbanking.com › central-banks › economicsAtlanta Fed cuts second-quarter US GDP estimate

   www.centralbanking.com › central-banks › economics

   Jun 5, 2024 · The Federal Reserve Bank of Atlanta revised downward its real-time estimate of second-quarter US GDP growth from 2.7% on May 31 to 1.8% on June 3. The Atlanta Fed says its GDPNow index “provides a ‘nowcast’ of the official estimate prior to its release by estimating GDP growth using a methodology similar to the one used by the US Bureau ...

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8. markets.businessinsider.com › news › interestratesAtlanta Fed Lowers Q2 GDP Growth Estimate To 3%

   markets.businessinsider.com › news › interestrates

   • Cached

   Jun 20, 2024 · (RTTNews) - The Atlanta Fed slightly cut its second quarter economic growth estimate on Thursday, citing a downgrade to the investment component following the release of housing starts data...

9. www.barrons.com › livecoverage › stock-market-todayAtlanta Fed: Economy May Grow Faster Than Expected - Barron's

   www.barrons.com › livecoverage › stock-market-today

   • Cached

   The U.S. economy may grow faster in the second quarter than economists expected. The Atlanta Fed’s GDPNow estimate predicts 4.2% seasonally adjusted annual growth, up from a prior estimate of...

10. www.centralbanking.com › central-banks › economicsAtlanta Fed revises growth estimate downward - Central Banking

    www.centralbanking.com › central-banks › economics

    Jun 8, 2022 · The Atlanta Fed’s GDP tracker downgraded its real-time growth projection for the second quarter of this year to 0.9% on June 7. On June 1, the forecast was 1.3%. The estimate has declined steadily from around 2.5% in mid-May, and briefly touched a low of 0.3% on June 2.