The Atlanta Fed's GDPNow model forecasts real GDP growth in Q2 2024 at 2.7%, with housing and net exports in negative territory. Consumer spending remains a significant contributor at 1.68% of the growth.
GDPNow from @AtlantaFed now at +2.7% (q/q ann.) for 2Q2024 … housing and net exports are in negative territory; consumer spending still contributing a solid 1.68% of 2.7% growth https://t.co/XMmMsbVtAP
Atlanta Fed GDPNow for Q2 is revised lower US GDP growth for Q2'24 revised down to 2.7% (from 3.0%). Net exports down, but private investment up. #economics #inflation #GDPNow https://t.co/ccrRju2lWl
On June 27, the #GDPNow model nowcast of real GDP growth in Q2 2024 is 2.7%: https://t.co/T7FoDdgYos #ATLFedResearch Download our EconomyNow app or go to our website for the latest GDPNow nowcast: https://t.co/NOSwMl7Jms https://t.co/cKRpg0TQtJ
GDPNow at 2.7%. Tomorrow another update https://t.co/BUXc9xFCbI
Atl Fed GDPnow Q2 down to 2.7% https://t.co/jrnkLdb9y8 https://t.co/yczIqi80up