Atlanta Fed GDPNow Estimate Shows Steady Q1 Growth Projection
Friday, 16 February 2024, 15:55
Atlanta Fed GDPNow Estimate Update
The Atlanta Fed GDPNow estimate for Q1 growth remains at 2.9%. According to the model's latest update, the real GDP growth projection has stayed unchanged, indicating stability in the economic outlook. The recent data releases have influenced the forecast, with a minor adjustment in the expected gross private domestic investment growth rate.
Key Points:
- Steady Projection: The Q1 growth estimate remains at 2.9%.
- Data Influence: Recent reports have led to a slight increase in the gross domestic investment growth forecast.
- Upcoming Update: The next GDPNow update is scheduled for February 27.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.