Atlanta Fed GDPNow rises to 3.2% from 2.6% last - Torbit Consulting

Atlanta Fed GDPNow rises to 3.2% from 2.6% last

The GDPNow model estimate for real GDP growth in the first quarter of 2023 is 3.2% on March 15, up from 2.6% on March 8.

After recent releases from the US Department of the Treasury's Bureau of the Fiscal Service, the US Bureau of Labor Statistics, and the US Census Bureau.

The nowcasts of first-quarter real gross personal consumption expenditures growth.

First-quarter real gross private domestic investment growth and first-quarter real government spending growth increased from 4.4%, -6.8%, and 1.5%, respectively.