US Atlanta Fed GDPNow Q4: 1.8% (prev 2.3%)

Ross J Burland FXStreet

The US Atlanta Fed GDPNow Q4 arrives as 1.8% vs (prev 2.3%).

Latest forecast: 1.8 percent — January 16, 2020

The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2019 is 1.8 percent on January 16, down from 2.3 percent on January 10. After this morning's retail sales release from the U.S. Census Bureau, the nowcast of fourth-quarter real personal consumption expenditures growth declined from 2.3 percent to 1.6 percent.

The next GDPNow update is Friday, January 17. Please see the "Release Dates" tab below for a list of upcoming releases.

About GDPNow

GDPNow is not an official forecast of the Atlanta Fed. Rather, it is best viewed as a running estimate of real GDP growth based on available data for the current measured quarter. There are no subjective adjustments made to GDPNow—the estimate is based solely on the mathematical results of the model.

Author

Ross J Burland

FXStreet

Ross J Burland, born in England, UK, is a sportsman at heart. He played Rugby and Judo for his county, Kent and the South East of England Rugby team.

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