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Atlanta Fed Nowcast at -1.6% for Q2, slightly worse than last week
[AtlantaFed] Latest estimate: -1.6 percent — July 19, 2022The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2022 is -1.6 percent on July 19, down from -1.5 percent on July 15. After this morning's housing starts report from the US Census Bureau, the nowcast of second-quarter real residential investment growth decreased from -8.8 percent to -10.1 percent. Posted by: Lord Garth 2022-07-20 |
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