GDPNow estimate from Atlanta Fed
GDP estimates
Estimate error
BEA advance release of GDP
The Atlanta Fed releases GDPNow estimate till (about) the day before BEA advance release.
| Adv release | Quarter | Actual GDP (%) | Last NOW (%) | Diff |
|---|---|---|---|---|
| 2024-07-25 | 2024 Q2 | 2.8 | 2.6 | 0.2 |
| 2024-04-25 | 2024 Q1 | 1.6 | 2.7 | -1.1 |
| 2024-01-25 | 2023 Q4 | 3.3 | 2.4 | 0.9 |
| 2023-10-26 | 2023 Q3 | 4.9 | 5.4 | -0.5 |
| 2023-07-27 | 2023 Q2 | 2.4 | 2.4 | 0.0 |
| 2023-04-27 | 2023 Q1 | 2.0 | 1.1 | 0.9 |
| 2023-01-26 | 2022 Q4 | 2.6 | 2.9 | -0.3 |
| 2022-10-27 | 2022 Q3 | 3.2 | 3.1 | 0.1 |
| 2022-07-28 | 2022 Q2 | -0.6 | -1.2 | 0.6 |
| 2022-04-28 | 2022 Q1 | -1.6 | 0.4 | -2.0 |
| 2022-01-27 | 2021 Q4 | 7.0 | 6.5 | 0.5 |
Notes
Data is from https://www.atlantafed.org/cqer/research/gdpnow
BEA release schedule: https://www.bea.gov/index.php/news/schedule/full
“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 economic data for the current measured quarter.” - Atlanta Fed
flex-gdp-forecast.qmd