Atlanta Fed GDP Now estimate 1.3% vs 1.1% prior

  • GDP tracker bumped up on higher real gross private domestic investment
  • Prior reading was +1.1% (April 14th)

"After recent releases from the Federal Reserve Board of Governors and the US Census Bureau, the nowcast of first-quarter real gross private domestic investment growth increased from -0.8 percent to 0.1 percent," the release said.

The consensus and Atlanta Fed tracker have converged around the 1% range. The advance reading is due on April 28.

GDP Now fcast

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