The Atlanta Fed GDPNow growth estimate for Q3 fell to 4.0% from 4.2% last. In their own words:
The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2025 is 4.0 percent on November 25, down from 4.2 percent on November 21. After recent releases from the US Census Bureau, the US Bureau of Labor Statistics, and the Federal Reserve Board of Governors, the nowcasts of third-quarter real personal consumption expenditures growth and third-quarter real gross private domestic investment growth decreased from 3.4 percent and 4.9 percent, respectively, to 3.2 percent and 4.4 percent.
The next GDPNow update is Wednesday, November 26.
