Atlanta Fed GDPNow tracker for Q3 growth jumps to 3.47%% vs 2.18% prior | AI News Digest
The Atlanta Fed's GDPNow model has significantly revised its estimate for Q3 2025 growth, increasing it to 3.5% from a previous 2.2%. This adjustment follows recent data from the US Census Bureau and the Bureau of Economic Analysis, which indicated improvements in personal consumption expenditures and gross private domestic investment. Notably, the contribution of net exports to GDP growth has also shifted positively. The next update from the GDPNow model is expected on September 2. This optimistic outlook reflects a broader trend of economic resilience despite various challenges.
