GDPNow GDP Estimates

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First-Quarter GDP Growth Estimate Increased

On February 27, the GDPNow model estimate for real GDP growth in the first quarter of 2024 is 3.2 percent, up from 2.9 percent on February 16.

GDPNow - Federal Reserve Bank of Atlanta

 

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First-Quarter GDP Growth Estimate Decreased

On February 29, the GDPNow model estimate for real GDP growth in the first quarter of 2024 is 3.0 percent, down from 3.2 percent on February 27.

GDPNow - Federal Reserve Bank of Atlanta

 

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It's moving quickly...

First-Quarter GDP Growth Estimate Decreased

On March 1, the GDPNow model estimate for real GDP growth in the first quarter of 2024 is 2.1 percent, down from 3.0 percent on February 29.

GDPNow - Federal Reserve Bank of Atlanta

 

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First-Quarter GDP Growth Estimate Increased

On March 6, the GDPNow model estimate for real GDP growth in the first quarter of 2024 is 2.5 percent, up from 2.1 percent on March 1.

GDPNow - Federal Reserve Bank of Atlanta

 

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First-Quarter GDP Growth Estimate Decreased

On March 14, the GDPNow model estimate for real GDP growth in the first quarter of 2024 is 2.3 percent, down from 2.5 percent from March 7.

GDPNow - Federal Reserve Bank of Atlanta

 

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First-Quarter GDP Growth Estimate Decreased

On March 19, the GDPNow model estimate for real GDP growth in the first quarter of 2024 is 2.1 percent, down from 2.3 percent from March 14.

GDPNow - Federal Reserve Bank of Atlanta

 

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First-Quarter GDP Growth Estimate Increased

On March 29, the GDPNow model estimate for real GDP growth in the first quarter of 2024 is 2.3 percent, up from 2.1 percent on March 26.

GDPNow - Federal Reserve Bank of Atlanta

 

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First-Quarter GDP Growth Estimate Increased

On April 1, the GDPNow model estimate for real GDP growth in the first quarter of 2024 is 2.8 percent, up from 2.3 percent on March 29.

GDPNow - Federal Reserve Bank of Atlanta

 

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First-Quarter GDP Growth Estimate Decreased

On April 4, the GDPNow model estimate for real GDP growth in the first quarter of 2024 is 2.5 percent, down from 2.8 percent on April 1.

GDPNow - Federal Reserve Bank of Atlanta

 

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First-Quarter GDP Growth Estimate Increased

On April 15, the GDPNow model estimate for real GDP growth in the first quarter of 2024 is 2.8 percent, up from 2.4 percent on April 10.

GDPNow - Federal Reserve Bank of Atlanta

 

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First-Quarter GDP Growth Estimate Increased

On April 16, the GDPNow model estimate for real GDP growth in the first quarter of 2024 is 2.9 percent, up from 2.8 percent on April 15.

GDPNow - Federal Reserve Bank of Atlanta

 

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First-Quarter GDP Growth Estimate Decreased

On April 24, the GDPNow model estimate for real GDP growth in the first quarter of 2024 is 2.7 percent, down from 2.9 percent on April 16.

GDPNow - Federal Reserve Bank of Atlanta

 

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Initial Estimate of Second-Quarter GDP Growth Is 3.9 Percent

On April 26th, the initial GDPNow model estimate for real GDP growth in the second quarter of 2024 is 3.9 percent.

GDPNow - Federal Reserve Bank of Atlanta

 

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Second-Quarter GDP Growth Estimate Decreased

On May 1, the GDPNow model estimate for real GDP growth in the second quarter of 2024 is 3.3 percent, down from 3.9 percent on April 26.

GDPNow - Federal Reserve Bank of Atlanta

 

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Second-Quarter GDP Growth Estimate Increased

On May 8, the GDPNow model estimate for real GDP growth in the second quarter of 2024 is 4.2 percent, up from 3.3 percent on May 2.

GDPNow - Federal Reserve Bank of Atlanta

 

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Second-Quarter GDP Growth Estimate Decreased

On May 15, the GDPNow model estimate for real GDP growth in the second quarter of 2024 is 3.8 percent, down from 4.2 percent on May 8.

GDPNow - Federal Reserve Bank of Atlanta

 

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Second-Quarter GDP Growth Estimate Decreased

On May 16, the GDPNow model estimate for real GDP growth in the second quarter of 2024 is 3.6 percent, down from 3.8 percent on May 15.

GDPNow - Federal Reserve Bank of Atlanta

 

[FireWeatherMet]

Second-Quarter GDP Growth Estimate Decreased

On May 16, the GDPNow model estimate for real GDP growth in the second quarter of 2024 is 3.6 percent, down from 3.8 percent on May 15.

GDPNow - Federal Reserve Bank of Atlanta

Still thats pretty strong economic growth.
Last few years have been like the mid 80's.
Probably a mix of good and bad for the market...need the Goldilocks 2.7-3.3 GDP, lol

 

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The 2/10 yield curve will have been inverted for 2 years come July. I heard someone today say it has taken as long as 23 months after an inversion before we got a recession. Well, it's been 23 months and +3.6% ain't no recession.

 

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Second-Quarter GDP Growth Estimate Decreased

On May 31, the GDPNow model estimate for real GDP growth in the second quarter of 2024 is 2.7 percent, down from 3.5 percent on May 24.

GDPNow - Federal Reserve Bank of Atlanta