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#gdpnow

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gabriele renzi<p>I had somehow missed that the FED's GDPNow <br>projection had dropped again at the beginning of April.<br>This number is always off since different components of GDP are accounted at different times but still,. interesting.</p><p><a href="https://www.atlantafed.org/cqer/research/gdpnow" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">atlantafed.org/cqer/research/g</span><span class="invisible">dpnow</span></a></p><p><a href="https://mastodon.social/tags/GDPNow" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>GDPNow</span></a> <a href="https://mastodon.social/tags/federalreserve" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>federalreserve</span></a> <a href="https://mastodon.social/tags/economics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economics</span></a> <a href="https://mastodon.social/tags/politics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>politics</span></a> <a href="https://mastodon.social/tags/usa" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>usa</span></a></p>
acemaxx<p>After a sweep of soft US economic indicators in Febr, the Atlanta Fed’s closely watched <a href="https://econtwitter.net/tags/GDPNow" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>GDPNow</span></a> model updated on Friday to show an alarming 1.48% <a href="https://econtwitter.net/tags/contraction" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>contraction</span></a> of the economy, chart @reuters.com <a href="https://www.reuters.com/markets/global-markets-wrapup-1-2025-03-03/" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">reuters.com/markets/global-mar</span><span class="invisible">kets-wrapup-1-2025-03-03/</span></a></p>
acemaxx<p>(Over time, waiting for more data becomes an unavoidable predicament) <br>US <a href="https://econtwitter.net/tags/GDPNow" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>GDPNow</span></a> model estimate for real GDP growth (seasonally adjusted annual rate) in 1Q2024 is&nbsp;2.1%&nbsp;on March 1, down from 3.0% on Febr 29, chart @AtlantaFed</p>