The U.S. Atlanta Federal Reserve's GDPNow model estimate for the fourth quarter of 2023 has been updated to reflect a change in the projected real GDP growth rate. Initially, the estimate was raised from 2.6% to 2.7%, as reported on December 19, up from +1.2% before that. However, subsequent updates on December 22 indicated a downward revision to 2.3%, marking a decrease from the previously anticipated growth rate. The Atlanta Fed has invited interested parties to download their EconomyNow app or visit their website for the latest GDPNow forecast.
On December 22, the #GDPNow model nowcast of real GDP growth in Q4 2023 is 2.3%. 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/C0cyRFrjyP
The Atlanta Fed's GDPNow model estimate for Q4 GDP growth declined to 2.3% from 2.7%. https://t.co/DHO6CGxGch
Atlanta #Fed Q4 GDPNow: 2.3%, vs 2.7% on Dec 19
The Atlanta Fed's 🇺🇸 Q4 GDPNow forecast is now at +2.3% down from +2.7% https://t.co/Ddz26LAfev
Atlanta Fed Q4 GDPNow: 2.3%, vs 2.7% on Dec 19
🔸U.S ATLANTA FED GDPNOW (Q4) ACTUAL: 2.7% VS 2.6% PREVIOUS; EST 2.6%
The Atlanta Fed's GDPNow estimate for real GDP growth in Q4 2024 was just updated to +2.7% (annualized) vs. previous +2.6% and +1.2% before that. https://t.co/yHw6YlDWEM
US Atlanta Fed GDPNow Q4: 2.7% (prev 2.6%) https://t.co/GIJHH2ZMsR https://t.co/6vTXk1u2ps