gabriele renziI had somehow missed that the FED's GDPNow
projection had dropped again at the beginning of April.
This number is always off since different components of GDP are accounted at different times but still,. interesting.
Alan Miller 
🇺🇦Hah, so the next #GDPNow forecast release is happening in a few hours (2025-04-03) with the most recent inputs being "International trade (Full report), ISM Services". I'm feeling like 'overnight' is too fast for the most recent bit of tariff follies to show up in the inputs, so any drop *probably doesn't even include the worst inputs yet.*
Worth knowing that in the past 5-6 weeks it's gone from forecasting ~2% growth to ~3.7% shrinkage in GDP - and this isn't editorializing, it's just raw calculations based on a bunch of input data on purchasing, supply chains, etc.
How low will we go on forecasts even without the new follies?
Augur Infinity🇺🇸 The Atlanta Fed's #GDPNow model is now tracking Q1 GDP at -1.8%. Due to distortions from gold imports/exports, the Atlanta Fed has also begun computing a "gold-adjusted" version, which is now tracking at 0.2%.
JCEl modelo #GDPNow pronostica un crecimiento del PIB real de -1.8% en el Q1 2025; el modelo alternativo, ajustado por oro, es 0.2%. Consulte nuestra app EconomyNow. #ATLFedResearch
acemaxxAfter a sweep of soft US economic indicators in Febr, the Atlanta Fed’s closely watched #GDPNow model updated on Friday to show an alarming 1.48% #contraction of the economy, chart @reuters.com https://www.reuters.com/markets/global-markets-wrapup-1-2025-03-03/
Hacker News🚨 The Atlanta Fed's #GDPNow model is now tracking Q1 GDP growth at -2.8%, down from -1.5% last Friday.
El modelo #GDPNow pronostica un crecimiento del PBI real del 2.7% en el Q4 2024.
Para el último pronóstico de GDPNow, descarga la app EconomyNow o visita nuestro sitio web.
Para el último pronóstico de GDPNow, descarga la app EconomyNow o visita nuestro sitio web.
