Thursday, August 17, 2017
Atlanta FED forecasts Surging GDP Growth
only one small voice
Atlanta GA, the Atlanta FED's Latest forecast is for 3.8 percent GDP Growth . 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. Our GDPNow forecasting model provides a "nowcast" of the official estimate prior to its release..
Latest forecast: 3.8 percent — August 16, 2017
The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2017 is 3.8 percent on August 16, up from 3.7 percent on August 15. The forecast of third-quarter real residential investment growth increased from -0.5 percent to 3.7 percent after this morning's new residential construction report from the U.S. Census Bureau.