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The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2022 is 2.5 percent on August 10, up from 1.4 percent on August 4. Download our EconomyNow app or go to our website to continue to get the latest GDP nowcast and more economic data. Please note that we no longer support the GDPNow app.
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You can also view an archive of recent commentaries from GDPNow estimates. More extensive numerical details-including underlying source data, forecasts, and model parameters-are available as a separate spreadsheet. Recent forecasts for the GDPNow model are available here. It does not anticipate their impact on forthcoming economic reports beyond the standard internal dynamics of the model. In particular, it does not capture the impact of COVID-19 and social mobility beyond their impact on GDP source data and relevant economic reports that have already been released. There are no subjective adjustments made to GDPNow-the estimate is based solely on the mathematical results of the model. Rather, it is best viewed as a running estimate of real GDP growth based on available economic data for the current measured quarter. GDPNow is not an official forecast of the Atlanta Fed.
Our GDPNow forecasting model 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 U.S. Final Cut Pro X 10.4.The growth rate of real gross domestic product (GDP) is a key indicator of economic activity, but the official estimate is released with a delay. Unquestionably, if you’re a Mac user and searching for an expert video editing program Final Cut Pro 10.4 DMG Mac is the best.
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