![]() You can also view an archive of recent commentaries from GDPNow estimates. More extensive numerical details-including underlying source data, forecasts, and model parameters-are available as a separate spreadsheet. Recent forecasts for the GDPNow model are available here. It does not anticipate their impact on forthcoming economic reports beyond the standard internal dynamics of the model. ![]() ![]() In particular, it does not capture the impact of COVID-19 and social mobility beyond their impact on GDP source data and relevant economic reports that have already been released. There are no subjective adjustments made to GDPNow-the estimate is based solely on the mathematical results of the model. Rather, it is best viewed as a running estimate of real GDP growth based on available economic data for the current measured quarter. ![]() GDPNow is not an official forecast of the Atlanta Fed. Our GDPNow forecasting model provides a "nowcast" of the official estimate prior to its release by estimating GDP growth using a methodology similar to the one used by the U.S. The growth rate of real gross domestic product (GDP) is a key indicator of economic activity, but the official estimate is released with a delay.
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