The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2018 is 5.4 percent on February 1, up from 4.2 percent on January 29. The forecast of real consumer spending growth increased from 3.1 percent to 4.0 percent after this morning's Manufacturing ISM Report On Business from the Institute for Supply Management, while the forecast of real private fixed-investment growth increased from 5.2 percent to 9.2 percent after the ISM report and this morning's construction spending release.
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Showing posts with label Atlanta Federal Reserve Bank. Show all posts
Showing posts with label Atlanta Federal Reserve Bank. Show all posts
Thursday, February 1, 2018
As of 2/1/18, GDPNow forecasting 1Q 2018 growth rate of 5.4 percent
Thursday, October 5, 2017
3Q 2017 GDP growth at 2.8 percent in latest estimate
The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2017 is 2.8 percent on October 5, up from 2.7 percent on October 2.
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