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Economy
Atlanta Fed Nowcast at -1.6% for Q2, slightly worse than last week
2022-07-20
[AtlantaFed] Latest estimate: -1.6 percent — July 19, 2022

The 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

#2  well if the Flash estimate is, say within 0.5% of zero, we'll have to wait for the next two revisions
Posted by: Lord Garth   2022-07-20 20:21  

#1  First look ("flash") coming on July 28. We'll know then.
Posted by: Tom   2022-07-20 13:45  

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