Atlanta Fed GDP Now Unchanged

May 31st, 2016 12:39 pm | by John Jansen |

Via Atlanta Fed:

Latest forecast: 2.9 percent — May 31, 2016

The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2016 is 2.9 percent on May 31, unchanged from May 26. The second-quarter forecast for real consumer spending growth remained at 3.6 percent after this morning’s personal income and outlays release from the U.S. Bureau of Economic Analysis.

The next GDPNow update is Wednesday, June 1. Please see the “Release Dates” tab below for a full list of upcoming releases.

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