#GDPNow
GDPNow has raised its Q3 growth forecast from +2.1% to +2.5%.
The growth rate of the US economy, or real GDP (GDP) growth rate, is one of the most important indicators of economic activity. However, official growth figures are often released with a lag. That's where the GDPNow model, developed by the Atlanta Fed, comes in!
GDPNow uses available economic data for a given period to generate a "nowcast" economic growth forecast before the official release.
GDPNow has raised its Q3 growth forecast from +2.1% to +2.5%.
The growth rate of the US economy, or real GDP (GDP) growth rate, is one of the most important indicators of economic activity. However, official growth figures are often released with a lag. That's where the GDPNow model, developed by the Atlanta Fed, comes in!
GDPNow uses available economic data for a given period to generate a "nowcast" economic growth forecast before the official release.
#GDPNow
GDPNow has raised its Q3 growth forecast from +2.1% to +2.5%.
The growth rate of the US economy, or real GDP (GDP) growth rate, is one of the most important indicators of economic activity. However, official growth figures are often released with a lag. That's where the GDPNow model, developed by the Atlanta Fed, comes in! 🏦✨
GDPNow uses available economic data for a given period to generate a "nowcast" economic growth forecast before the official release.
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