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The commentaries for the 75 most recent GDPNow updates are below, starting with the latest estimate.

September 14, 2018

The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2018 is 4.4 percent on September 14, up from 3.8 percent on September 11. The nowcast of third-quarter real personal consumption expenditures growth increased from 3.0 percent to 3.7 percent after this morning's retail sales report from the U.S. Census Bureau and this morning's industrial production release from the Federal Reserve Board of Governors.

The next GDPNow update is Wednesday, September 19. Please see the "Release Dates" tab below for a full list of upcoming releases.

September 11, 2018

The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2018 is 3.8 percent on September 11, down from 4.4 percent on September 5. After last Friday morning’s employment report from the U.S. Bureau of Labor Statistics, the nowcasts of third-quarter real consumer spending growth and third-quarter real gross private domestic investment growth decreased from 3.3 percent and 15.9 percent, respectively, to 3.0 percent and 14.0 percent, respectively. The model's estimate of the dynamic factor for August—normalized to have mean 0 and standard deviation 1 and used to forecast the yet-to-be released monthly GDP source data—declined from 1.11 to 0.41 after Friday's employment report.

The next GDPNow update is Friday, September 14. Please see the "Release Dates" tab below for a full list of upcoming releases.

September 5, 2018

The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2018 is 4.4 percent on September 5, down from 4.7 percent on September 4. After this morning's international trade release from the U.S. Census Bureau and the U.S. Bureau of Economic Analysis (BEA), the nowcast of the contribution of net exports to third-quarter real GDP growth declined from -0.70 percentage points to -0.76 percentage points. After this morning's light vehicle sales release from the BEA, the nowcasts of third-quarter real personal consumption expenditures growth and third-quarter real gross private domestic investment growth declined from 3.6 percent and 16.9 percent, respectively, to 3.3 percent and 16.4 percent, respectively.

The next GDPNow update is Tuesday, September 11. Please see the "Release Dates" tab below for a full list of upcoming releases.

September 4, 2018

The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2018 is 4.7 percent on September 4, up from 4.1 percent on August 30. The nowcasts of third-quarter real consumer spending growth and third-quarter real private fixed investment growth increased from 3.0 percent and 3.0 percent, respectively, to 3.6 percent and 4.3 percent, respectively, after this morning's construction spending report from the U.S. Census Bureau and this morning's Manufacturing ISM Report On Business from the Institute for Supply Management. The model's estimate of the dynamic factor for August—normalized to have mean 0 and standard deviation 1 and used to forecast the yet-to-be released monthly GDP source data—increased from 0.18 to 1.14 after the ISM report this morning.

The next GDPNow update is Wednesday, September 5. Please see the "Release Dates" tab below for a full list of upcoming releases.

August 30, 2018

The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2018 is 4.1 percent on August 30, down from 4.6 percent on August 24. After the Advance Economic Indicators release from the U.S. Census Bureau on August 28, the nowcast of the contribution of net exports to third-quarter real GDP growth declined from -0.26 percentage points to -0.64 percentage points and the nowcast of third-quarter real gross private domestic investment growth declined from 16.1 percent to 15.5 percent.

The next GDPNow update is Tuesday, September 4. Please see the "Release Dates" tab below for a full list of upcoming releases.

August 24, 2018

The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2018 is 4.6 percent on August 24, up from 4.3 percent on August 16. After yesterday’s releases on new-home sales and costs from the U.S. Census Bureau, the nowcast of third-quarter real residential investment growth increased from -4.5 percent to -1.1 percent. After this morning’s advance durable manufacturing report from the Census Bureau, the nowcast of third-quarter real nonresidential equipment investment growth increased from 6.4 percent to 7.5 percent and the nowcast of the contribution of inventory investment to third-quarter real GDP growth increased from 1.92 percentage points to 2.03 percentage points.

The next GDPNow update is Thursday, August 30. Please see the "Release Dates" tab below for a full list of upcoming releases.

August 16, 2018

The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2018 is 4.3 percent on August 16, unchanged from August 15 after rounding. After this morning's new residential construction report from the U.S. Census Bureau, the nowcast of third-quarter real residential investment growth decreased from -3.3 percent to -4.8 percent.

The next GDPNow update is Friday, August 24. Please see the "Release Dates" tab below for a full list of upcoming releases.

August 15, 2018

The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2018 is 4.3 percent on August 15, unchanged from August 9. After this morning's retail sales report from the U.S. Census Bureau, the nowcast of third-quarter real personal consumption expenditures growth increased from 2.9 percent to 3.1 percent. This increase was offset by a decline in the nowcast of third-quarter real nonresidential structures investment growth from 3.0 percent to -1.6 percent after this morning's industrial production release from the Federal Reserve Board of Governors.

The next GDPNow update is Thursday, August 16. Please see the "Release Dates" tab below for a full list of upcoming releases.

August 9, 2018

The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2018 is 4.3 percent on August 9, down from 4.4 percent on August 3. After this morning's wholesale trade report from the U.S. Census Bureau and this morning's Producer Price Index release from the U.S. Bureau of Labor Statistics, the nowcast of the contribution of inventory investment to third-quarter real GDP growth declined from 1.95 percentage points to 1.91 percentage points.

The next GDPNow update is Wednesday, August 15. Please see the "Release Dates" tab below for a full list of upcoming releases.

August 3, 2018

The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2018 is 4.4 percent on August 3, down from 5.0 percent on August 1. After this morning's data releases, the nowcasts of third-quarter real consumer spending growth and third-quarter real private fixed investment growth declined from 3.4 percent and 5.9 percent, respectively, to 2.9 percent and 4.2 percent, respectively. These declines more than offset an increase in the nowcast of the contribution of inventory investment to third-quarter real GDP growth from 1.80 percentage points to 1.95 percentage points.

The next GDPNow update is Thursday, August 9. Please see the "Release Dates" tab below for a full list of upcoming releases.

August 1, 2018

The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2018 is 5.0 percent on August 1, up from 4.7 percent on July 31. The nowcasts of third-quarter real consumer spending growth and third-quarter real private fixed investment growth increased from 3.1 percent and 5.2 percent, respectively, to 3.4 percent and 5.8 percent, respectively, after this morning's construction spending report from the U.S. Census Bureau and this morning's Manufacturing ISM Report On Business from the Institute for Supply Management. The model's estimate of the dynamic factor for July—normalized to have mean 0 and standard deviation 1 and used to forecast the yet-to-be released monthly GDP source data—increased from 0.21 to 0.52 after the ISM report this morning.

The next GDPNow update is Friday, August 3. Please see the "Release Dates" tab below for a full list of upcoming releases.

July 31, 2018

The initial GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2018 is 4.7 percent. The advance estimate of second-quarter real GDP growth released by the U.S. Bureau of Economic Analysis on July 27 was 4.1 percent, 0.3 percentage points above the final GDPNow model nowcast released on the previous day.

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

July 26, 2018

The final GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2018 is 3.8 percent on July 26, down from 4.5 percent on July 18. After this morning's advance releases on durable manufacturing, private inventories, and foreign trade in goods from the U.S. Census Bureau, the nowcasts of the contributions of inventory investment and net exports to second-quarter real GDP growth declined from 0.72 percentage points and 0.32 percentage points, respectively, to 0.58 percentage points and -0.10 percentage points.

The next GDPNow update will take place shortly after the U.S. Bureau Economic Analysis (BEA) releases the revised underlying detail tables of the National Income and Product Accounts to reflect the BEA's comprehensive revision of GDP released on July 27. The revised underlying detail tables will likely be released in early August. Please see the "Release Dates" tab below for a full list of upcoming releases.

July 18, 2018

The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2018 is 4.5 percent on July 18, unchanged from July 16. After the Federal Reserve Board of Governors' industrial production release on Wednesday, July 17, modest increases in the nowcasts of second-quarter real consumer spending growth and second-quarter real private fixed investment growth were offset by a decrease in the nowcast of second-quarter real private inventory investment. The nowcast of second-quarter real residential investment growth inched down from 0.4 percent to 0.0 percent after this morning's new residential construction release from the U.S. Census Bureau.

The next GDPNow update is Thursday, July 26. Please see the "Release Dates" tab below for a full list of upcoming releases.

July 16, 2018

The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2018 is 4.5 percent on July 16, up from 3.9 percent on July 11. The nowcast of second-quarter real consumer spending growth increased from 2.7 percent to 3.1 percent after this morning's retail sales report from the U.S. Census Bureau. The nowcast of second-quarter real federal government spending growth increased from 1.4 percent to 5.6 percent after the Monthly Treasury Statement release on Thursday, July 12, from the U.S. Department of the Treasury's Bureau of the Fiscal Service.

The next GDPNow update is Wednesday, July 18. Please see the "Release Dates" tab below for a full list of upcoming releases.

July 11, 2018

The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2018 is 3.9 percent on July 11, up from 3.8 percent on July 6. The nowcast of the contribution of inventory investment to second-quarter real GDP growth increased from 0.29 percentage points to 0.36 percentage points after this morning's Producer Price Index release from the U.S. Bureau of Labor Statistics and this morning's wholesale trade release from the U.S. Census Bureau.

The next GDPNow update is Monday, July 16. Please see the "Release Dates" tab below for a full list of upcoming releases.

July 6, 2018

The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2018 is 3.8 percent on July 6, down from 4.1 percent on July 2. Since the last GDPNow update on Monday, July 2, the nowcasts of second-quarter real consumer spending growth and second-quarter real gross private domestic investment growth have declined from 2.9 percent and 7.1 percent, respectively, to 2.7 percent and 6.0 percent, respectively. These declines more than offset an increase in the nowcast of the contribution of net exports to second-quarter real GDP growth from 0.62 percentage points to 0.70 percentage points after this morning's international trade release from the U.S. Census Bureau and the U.S. Bureau of Economic Analysis.

The next GDPNow update is Wednesday, July 11. Please see the "Release Dates" tab below for a full list of upcoming releases.

July 2, 2018

The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2018 is 4.1 percent on July 2, up from 3.8 percent on June 29. After this morning's construction spending report from the U.S. Census Bureau, the nowcast of second-quarter real government spending growth increased from 0.8 percent to 1.6 percent, while the nowcast of second-quarter real nonresidential structures investment growth decreased from 7.6 percent to 5.3 percent. The nowcasts of second-quarter real consumer spending growth and second-quarter real nonresidential equipment investment growth increased from 2.7 percent and 4.0 percent, respectively, to 2.9 percent and 4.8 percent, respectively, after this morning's Manufacturing ISM Report On Business from the Institute for Supply Management. The model's estimate of the dynamic factor for June—normalized to have mean 0 and standard deviation 1 and used to forecast the yet-to-be released monthly GDP source data—increased from 0.15 to 0.77 after the ISM report this morning.

The next GDPNow update is Friday, July 6. Please see the "Release Dates" tab below for a full list of upcoming releases.

June 29, 2018

The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2018 is 3.8 percent on June 29, down from 4.5 percent on June 27. The nowcast of second-quarter real personal consumption expenditures growth declined from 3.7 percent to 2.7 percent after this morning's personal income and outlays report from the U.S. Bureau of Economic Analysis.

The next GDPNow update is Monday, July 2. Please see the "Release Dates" tab below for a full list of upcoming releases.

June 27, 2018

The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2018 is 4.5 percent on June 27, down from 4.7 percent on June 19. The nowcast of real residential investment growth declined from 2.9 percent to 0.6 percent after the existing-home sales release from the National Association of Realtors on Wednesday, June 20, and the U.S. Census Bureau's releases on new-home sales and costs on Monday, June 25. After this morning's advance releases on durable manufacturing, inventories, and international trade in goods from the Census Bureau, the nowcasts of the contributions of inventory investment and net exports to second-quarter real GDP growth changed from 0.87 percentage points and 0.39 percentage points, respectively, to 0.46 percentage points and 0.66 percentage points, respectively.

The next GDPNow update is Friday, June 29. Please see the "Release Dates" tab below for a full list of upcoming releases.

June 19, 2018

The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2018 is 4.7 percent on June 19, down from 4.8 percent on June 14. The nowcast of second-quarter real GDP growth decreased 0.2 percentage points after the Federal Reserve Board's industrial production release on Friday, June 15, as a decline in the nowcast of real gross private domestic investment growth from 10.9 percent to 9.2 percent more than offset a slight increase in the nowcast of real consumer spending growth from 3.6 percent to 3.7 percent. After this morning's new residential construction release from the U.S. Census Bureau, the nowcast of second-quarter real residential investment growth increased from 0.3 percent to 2.9 percent.

The next GDPNow update is Wednesday, June 27. Please see the "Release Dates" tab below for a full list of upcoming releases.

June 14, 2018

The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2018 is 4.8 percent on June 14, up from 4.6 percent on June 8. After this morning's retail sales release from the U.S. Census Bureau, the nowcast of second-quarter real personal consumption expenditures growth increased from 3.4 percent to 3.6 percent.

The next GDPNow update is Tuesday, June 19. Please see the "Release Dates" tab below for a full list of upcoming releases.

June 8, 2018

The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2018 is 4.6 percent on June 8, up from 4.5 percent on June 6. After this morning's wholesale trade release from the U.S. Census Bureau, the nowcast of the contribution of inventory investment to second-quarter real GDP growth increased from 0.99 percentage points to 1.06 percentage points.

The next GDPNow update is Thursday, June 14. Please see the "Release Dates" tab below for a full list of upcoming releases.

June 6, 2018

The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2018 is 4.5 percent on June 6, down from 4.8 percent on June 1. On Monday, June 4, the nowcasts for second-quarter real consumer spending growth and second-quarter real private nonresidential equipment investment growth decreased from 3.5 percent and 6.1 percent, respectively, to 3.3 percent and 4.3 percent, respectively, after a manufacturing report from the U.S. Census Bureau and the light vehicle sales release from the U.S. Bureau of Economic Analysis (BEA). This morning, the nowcast of the contribution of net exports to second-quarter real GDP growth inched down from 0.42 percentage points to 0.31 percentage points after the international trade release from the Census Bureau and the BEA.

The next GDPNow update is Friday, June 8. Please see the "Release Dates" tab below for a full list of upcoming releases.

June 1, 2018

The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2018 is 4.8 percent on June 1, up from 4.7 percent on May 31. The nowcasts for second-quarter real consumer spending growth and second-quarter real private fixed investment growth increased from 3.4 percent and 4.6 percent, respectively, to 3.5 percent and 5.4 percent, respectively, after the employment report from the U.S. Bureau of Labor Statistics, the construction spending report from the U.S. Census Bureau, and the Manufacturing ISM Report On Business from the Institute for Supply Management were released this morning.

The next GDPNow update is Wednesday, June 6. Please see the "Release Dates" tab below for a full list of upcoming releases.

May 31, 2018

The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2018 is 4.7 percent on May 31, up from 4.0 percent on May 25. The nowcast of second-quarter real consumer spending growth increased from 3.2 percent to 3.4 percent after this morning's personal income and outlays release from the U.S. Bureau of Economic Analysis (BEA). The nowcasts of the contributions of net exports and inventory investment to second-quarter real GDP growth increased from 0.17 percentage points and 0.76 percentage points, respectively, to 0.43 percentage points and 1.00 percentage points, respectively, after yesterday's Advance Economic Indicators release from the U.S. Census Bureau and the BEA's updates of first-quarter GDP and the National Income and Product Accounts tables released yesterday and today.

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

May 25, 2018

The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2018 is 4.0 percent on May 25, down from 4.1 percent on May 16. After increasing from 3.3 percent to 5.4 percent following Wednesday's reports on new-home sales and costs from the U.S. Census Bureau, the nowcast of second-quarter real residential investment growth fell back down to 1.1 percent following Thursday's existing-home sales release from the National Association of Realtors.

The next GDPNow update is Thursday, May 31. Please see the "Release Dates" tab below for a full list of upcoming releases.

May 16, 2018

The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2018 is 4.1 percent on May 16, unchanged from May 15. An increase in the nowcast of second-quarter real private fixed investment growth from 5.2 percent to 5.9 percent after this morning's new residential construction release from the U.S. Census Bureau and this morning's industrial production release from the Federal Reserve Board of Governors was largely offset by a decrease in the nowcast of the contribution of inventory investment to second-quarter real GDP growth from 0.81 percentage points to 0.72 percentage points.

The next GDPNow update is Friday, May 25. Please see the "Release Dates" tab below for a full list of upcoming releases.

May 15, 2018

The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2018 is 4.1 percent on May 15, up from 4.0 percent on May 9. The nowcast of second-quarter real personal consumption expenditures growth ticked up from 3.0 percent to 3.1 percent after this morning's retail sales release from the U.S. Census Bureau.

The next GDPNow update is Wednesday, May 16. Please see the "Release Dates" tab below for a full list of upcoming releases.

May 9, 2018

The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2018 is 4.0 percent on May 9, unchanged from May 3. The nowcasts of second-quarter real consumer spending growth and second-quarter real private fixed investment growth inched down from 3.1 percent and 5.6 percent, respectively, to 3.0 percent and 5.4 percent, respectively, after Friday's employment report from the U.S. Bureau of Labor Statistics. The nowcast of the contribution of inventory investment to second-quarter real GDP growth increased from 0.67 percentage points to 0.78 percentage points after this morning's wholesale trade release from the U.S. Census Bureau.

The next GDPNow update is Tuesday, May 15. Please see the "Release Dates" tab below for a full list of upcoming releases.

May 3, 2018

The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2018 is 4.0 percent on May 3, down from 4.1 percent on May 1. After yesterday's light vehicle sales release from the U.S. Bureau of Economic Analysis (BEA), the nowcasts for second-quarter real consumer spending growth and real nonresidential equipment investment growth declined from 3.3 percent and 9.2 percent, respectively, to 3.0 percent and 8.1 percent respectively. The nowcasts inched back up to 3.1 percent and 8.7 percent after this morning's international trade release from the BEA and U.S. Census Bureau and this morning's manufacturing release from the Census Bureau.

The next GDPNow update is Wednesday, May 9. Please see the "Release Dates" tab below for a full list of upcoming releases.

May 1, 2018

The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2018 is 4.1 percent on May 1, unchanged from April 30. After this morning's construction spending release from the U.S. Census Bureau, the nowcast of second-quarter real nonresidential structures investment increased from 2.9 percent to 5.3 percent and the nowcast of real residential investment decreased from 3.5 percent to 2.9 percent.  This quarter's GDPNow updates incorporate modifications to GDPNow's dynamic factor model as described here. The dynamic factor is used to forecast yet-to-be released monthly GDP source data. The modifications to the factor model are intended to partially dampen some of the volatility in GDPNow forecasts in the early part of each month.

The next GDPNow update is Thursday, May 3. Please see the "Release Dates" tab below for a full list of upcoming releases.

April 30, 2018

The initial GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2018 is 4.1 percent on April 30. The advance estimate of first-quarter real GDP growth released by the U.S. Bureau of Economic Analysis on April 27 was 2.3 percent, 0.3 percentage points above the final GDPNow model nowcast released on the previous day. Today's update incorporates modifications to GDPNow's dynamic factor model as described here. The dynamic factor is used to forecast yet-to-be released monthly GDP source data. The modifications to the factor model are intended to partially dampen some of the volatility in GDPNow forecasts in the early part of each month.

The next GDPNow update is Tuesday, May 1. Please see the "Release Dates" tab below for a full list of upcoming releases.

April 26, 2018

The final GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2018 is 2.0 percent on April 26, unchanged from April 17. The nowcast of the contribution of net exports to first-quarter real GDP growth increased from -0.68 percentage points to -0.30 percentage points after this morning's advance release on international trade in goods from the U.S. Census Bureau. This increase was offset by a decline in the nowcast of real nonresidential equipment investment growth from 7.0 percent to 4.2 percent after this morning's durable manufacturing release from the Census Bureau and a decline in the nowcast of the contribution of inventory investment to real GDP growth from 1.07 percentage points to 0.81 percentage points after the manufacturing release and this morning's advance release on retail and wholesale trade inventories from the Census Bureau.

The next GDPNow update is Monday, April 30. Please see the "Release Dates" tab below for a full list of upcoming releases.

April 17, 2018

The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2018 is 2.0 percent on April 17, up from 1.9 percent on April 16. Small increases in the nowcasts of real consumer spending growth, real nonresidential structures investment growth, and real inventory investment after this morning's industrial production release from the Federal Reserve Board more than offset a slight decrease in the nowcast of real residential investment growth after this morning's new residential construction release from the U.S. Census Bureau.

The next GDPNow update is Thursday, April 26. Please see the "Release Dates" tab below for a full list of upcoming releases.

April 16, 2018

The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2018 is 1.9 percent on April 16, down from 2.0 percent on April 10. The nowcast for first-quarter real personal consumption expenditures growth declined from 1.1 percent to 0.9 percent after this morning's retail sales release from the U.S. Census Bureau.

The next GDPNow update is Tuesday, April 17. Please see the "Release Dates" tab below for a full list of upcoming releases.

April 10, 2018

The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2018 is 2.0 percent on April 10, down from 2.3 percent on April 5. After the employment report from the U.S. Bureau of Labor Statistics on April 6, the nowcast of first-quarter real consumer spending growth fell from 1.3 percent to 1.1 percent and the nowcast of first-quarter real private fixed investment growth fell from 5.3 percent to 4.5 percent. The model's estimate of the dynamic factor for March—normalized to have mean 0 and standard deviation 1 and used to forecast the yet-to-be released monthly GDP source data—declined from 1.43 to 0.25 after the employment report.

The next GDPNow update is Monday, April 16. Please see the "Release Dates" tab below for a full list of upcoming releases.

April 5, 2018

The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2018 is 2.3 percent on April 5, down from 2.8 percent on April 2. The nowcast of the contribution of inventory investment to first-quarter real GDP growth fell from 1.21 percentage points to 1.05 percentage points after yesterday's manufacturing release from the U.S. Census Bureau and yesterday's light vehicle sales release from the U.S. Bureau of Economic Analysis (BEA). The nowcast of the contribution of net exports to first-quarter growth declined from -0.65 percentage points to -0.72 percentage points after this morning's international trade release from the Census Bureau and the BEA. The nowcast of first-quarter real consumer spending growth fell from 1.6 percent on April 2 to 1.3 percent this morning.

The next GDPNow update is Tuesday, April 10. Please see the "Release Dates" tab below for a full list of upcoming releases.

April 2, 2018

The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2018 is 2.8 percent on April 2, up from 2.4 percent on March 29. The nowcasts of first-quarter real consumer spending growth and first-quarter real private fixed-investment growth increased from 1.3 percent and 3.9 percent, respectively, to 1.6 percent and 5.6 percent, respectively, after this morning's construction spending release from the U.S. Census Bureau and this morning’s Manufacturing ISM Report On Business from the Institute for Supply Management. The model's estimate of the dynamic factor for March—normalized to have mean 0 and standard deviation 1 and used to forecast the yet-to-be released monthly GDP source data—increased from 0.48 to 1.54 after the ISM report this morning.

The next GDPNow update is Thursday, April 5. Please see the "Release Dates" tab below for a full list of upcoming releases.

March 29, 2018

The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2018 is 2.4 percent on March 29, up from 1.8 percent on March 23. The forecast of the contribution of inventory investment to first-quarter real GDP growth increased from 0.66 percentage points to 1.21 percentage points after yesterday’s advance releases of wholesale and retail inventories by the U.S. Census Bureau, yesterday's GDP release by the U.S. Bureau of Economic Analysis (BEA), and this morning's release of the revised underlying detail tables for the National Income and Product Accounts by the BEA.

The next GDPNow update is Monday, April 2. Please see the "Release Dates" tab below for a full list of upcoming releases.

March 23, 2018

The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2018 is 1.8 percent on March 23, unchanged from March 16. After this morning’s advance durable manufacturing report from the U.S. Census Bureau, the nowcast of first-quarter real nonresidential equipment investment growth increased from 5.8 percent to 6.2 percent and the nowcast of the contribution of inventory investment to first-quarter real GDP growth decreased from 0.72 percentage points to 0.66 percentage points. The nowcast of first-quarter real residential investment growth increased from –3.1 percent to –1.6 percent after Wednesday's existing-home sales release from the National Association of Realtors, but fell back to –2.4 percent after this morning's releases on new-home sales and construction prices from the Census Bureau.

The next GDPNow update is Thursday, March 29. Please see the "Release Dates" tab below for a full list of upcoming releases.

March 16, 2018

The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2018 is 1.8 percent on March 16, down from 1.9 percent on March 14. The nowcast of first-quarter real private fixed-investment growth increased from 2.4 percent to 3.3 percent after this morning’s new residential construction release from the U.S. Census Bureau and this morning's industrial production and capacity utilization release from the Federal Reserve Board of Governors. This increase was more than offset by the modest downward revisions to the nowcasts of the contributions of real consumer spending, real net exports, and real inventory investment to first-quarter real GDP growth.

The next GDPNow update is Friday, March 23. Please see the "Release Dates" tab below for a full list of upcoming releases.

March 14, 2018

The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2018 is 1.9 percent on March 14, down from 2.5 percent on March 9. After yesterday's Consumer Price Index release from the U.S. Bureau of Labor Statistics and this morning's retail sales report from the U.S. Census Bureau, the nowcast of first-quarter real personal consumption expenditures growth fell from 2.2 percent to 1.4 percent.

The next GDPNow update is Friday, March 16. Please see the "Release Dates" tab below for a full list of upcoming releases.

March 9, 2018

The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2018 is 2.5 percent on March 9, down from 2.8 percent on March 7. The nowcast of first-quarter real consumer spending growth fell from 2.5 percent to 2.2 percent and the nowcast of first-quarter real private fixed investment growth fell from 3.4 percent to 2.4 percent after this morning's employment report from the U.S. Bureau of Labor Statistics. The model’s estimate of the dynamic factor for February—normalized to have mean 0 and standard deviation 1 and used to forecast the yet-to-be released monthly GDP source data—declined from 1.62 to 0.96 after the employment report.

The next GDPNow update is Wednesday, March 14. Please see the "Release Dates" tab below for a full list of upcoming releases.

March 7, 2018

The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2018 is 2.8 percent on March 7, down from 3.5 percent on March 1. The nowcasts of first-quarter real consumer spending growth and first-quarter real nonresidential equipment investment growth declined from 2.9 percent and 10.1 percent, respectively, to 2.6 percent and 6.9 percent, respectively, after the light vehicle sales release from the U.S. Bureau of Economic Analysis on March 2. The nowcast of the contribution of net exports to first-quarter real GDP growth declined from -0.43 percentage points to -0.59 percentage points after this morning's international trade release from the U.S. Census Bureau.

The next GDPNow update is Friday, March 9. Please see the "Release Dates" tab below for a full list of upcoming releases.

March 1, 2018

The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2018 is 3.5 percent on March 1, up from 2.6 percent on February 27. The nowcasts of first-quarter real consumer spending growth and first-quarter real private fixed-investment growth increased from 2.0 percent and 2.7 percent, respectively, to 2.9 percent and 4.4 percent, respectively, after this morning's data releases. The model's estimate of the dynamic factor for February—normalized to have mean 0 and standard deviation 1 and used to forecast the yet-to-be released monthly GDP source data—increased from 0.23 to 1.68 after this morning's Manufacturing ISM Report On Business from the Institute for Supply Management.

The next GDPNow update is Wednesday, March 7. Please see the "Release Dates" tab below for a full list of upcoming releases.

February 27, 2018

The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2018 is 2.6 percent on February 27, down from 3.2 percent on February 16. After this morning's Advance Economic Indicators and durable manufacturing reports from the U.S. Census Bureau, the nowcasts of the contributions of real nonresidential equipment investment and real inventory investment to first-quarter real GDP growth declined from 0.45 percentage points and 1.20 percentage points, respectively, to 0.37 percentage points and 0.95 percentage points, respectively. The nowcast of first-quarter real residential investment growth declined from 0.6 percent on February 16 to -4.5 percent on February 26 after housing market releases from the Census Bureau and the National Association of Realtors.

The next GDPNow update is Thursday, March 1. Please see the "Release Dates" tab below for a full list of upcoming releases.

February 16, 2018

The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2018 is 3.2 percent on February 16, unchanged from February 14. The nowcast of first-quarter real residential investment growth fell from -0.6 percent to -1.7 percent on February 15 after the industrial production release from the Federal Reserve Board of Governors and the Producer Price Index release from the U.S. Bureau of Labor Statistics. The nowcast increased to 0.6 percent after this morning's new residential construction release from the U.S. Census Bureau.

The next GDPNow update is Tuesday, February 27. Please see the "Release Dates" tab below for a full list of upcoming releases.

February 14, 2018

The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2018 is 3.2 percent on February 14, down from 4.0 percent on February 9. The nowcast of first-quarter real consumer spending growth fell from 3.0 percent to 2.0 percent after this morning's retail sales report from the U.S. Census Bureau and this morning's Consumer Price Index release from the U.S. Bureau of Labor Statistics.

The next GDPNow update is Friday, February 16. Please see the "Release Dates" tab below for a full list of upcoming releases.

February 9, 2018

The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2018 is 4.0 percent on February 9, unchanged from February 6. The nowcast of the contribution of inventory investment to first-quarter real GDP growth inched down from 1.25 percentage points to 1.24 percentage points after this morning's wholesale trade release by the U.S. Census Bureau.

The next GDPNow update is Wednesday, February 14. Please see the "Release Dates" tab below for a full list of upcoming releases.

February 6, 2018

The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2018 is 4.0 percent on February 6, down from 5.4 percent on February 1. On February 2, the forecast of first-quarter real consumer spending growth fell from 4.0 percent to 3.0 percent and the forecast of first-quarter real private fixed investment growth fell from 9.2 percent to 4.9 percent. On that day, the model's estimate of the dynamic factor for January—normalized to have mean 0 and standard deviation 1 and used to forecast the yet-to-be released monthly GDP source data—declined from 1.37 to 0.43 after the employment report from the U.S. Bureau of Labor Statistics.

February 1, 2018

The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2018 is 5.4 percent on February 1, up from 4.2 percent on January 29. The forecast of real consumer spending growth increased from 3.1 percent to 4.0 percent after this morning's Manufacturing ISM Report On Business from the Institute for Supply Management, while the forecast of real private fixed-investment growth increased from 5.2 percent to 9.2 percent after the ISM report and this morning's construction spending release from the U.S. Census Bureau. The model's estimate of the dynamic factor for January—normalized to have mean 0 and standard deviation 1 and used to forecast the yet-to-be released monthly GDP source data—increased from 0.42 to 1.37 after the ISM report.

January 29, 2018

The initial GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2018 is 4.2 percent on January 29. The advance estimate of fourth-quarter real GDP growth released by the U.S. Bureau of Economic Analysis on January 26 was 2.6 percent, 0.8 percentage points below the final GDPNow model nowcast released on the previous day.

The next GDPNow update is Thursday, February 1. Please see the "Release Dates" tab below for a full list of upcoming releases.

January 25, 2018

The final GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2017 is 3.4 percent on January 25, unchanged from January 18. The forecast of fourth-quarter real residential investment growth decreased from 10.2 percent to 9.5 percent after yesterday's existing-home sales release from the National Association of Realtors and this morning's housing market releases from the U.S. Census Bureau. This morning's Advance Economic Indicators release from the Census Bureau has been rescheduled for Friday morning due to the federal government shutdown.

The next GDPNow update is Monday, January 29. Please see the "Release Dates" tab below for a full list of upcoming releases.

January 18, 2018

The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2017 is 3.4 percent on January 18, up from 3.3 percent on January 12. The fourth-quarter forecast of real consumer spending growth increased from 3.8 percent to 4.0 percent after Wednesday's industrial production release from the Federal Reserve Board of Governors.

The next GDPNow update is Thursday, January 25. Please see the "Release Dates" tab below for a full list of upcoming releases.

January 12, 2018

The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2017 is 3.3 percent on January 12, up from 2.8 percent on January 10. The forecast of fourth-quarter real consumer spending growth increased from 3.0 percent to 3.8 percent after this morning's retail sales report from the U.S. Census Bureau and this morning's Consumer Price Index release from the U.S. Bureau of Labor Statistics.

The next GDPNow update is Thursday, January 18. Please see the "Release Dates" tab below for a full list of upcoming releases.

January 10, 2018

The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2017 is 2.8 percent on January 10, up from 2.7 percent on January 5. The forecasts of the contributions of net exports and inventory investment to fourth-quarter real GDP growth increased from -0.63 percentage points and -0.46 percentage points, respectively, to -0.60 percentage points and -0.42 percentage points, respectively, after this morning's report on import and export prices from the U.S. Bureau of Labor Statistics and this morning's wholesale trade release from the U.S. Census Bureau.

The next GDPNow update is Friday, January 12. Please see the "Release Dates" tab below for a full list of upcoming releases.

January 5, 2018

The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2017 is 2.7 percent on January 5, down from 3.2 percent on January 3. The forecasts of real consumer spending growth and real private fixed-investment growth decreased from 3.2 percent and 8.9 percent, respectively, to 3.0 percent and 7.6 percent, respectively, after this morning's employment report from the U.S. Bureau of Labor Statistics and this morning's Non-Manufacturing ISM Report On Business from the Institute for Supply Management. The model's estimate of the dynamic factor for December—normalized to have mean 0 and standard deviation 1 and used to forecast the yet-to-be released monthly GDP source data—fell from 1.44 to 0.37 after the reports.

The next GDPNow update is Wednesday, January 10. Please see the "Release Dates" tab below for a full list of upcoming releases.

January 3, 2018

The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2017 is 3.2 percent on January 3, up from 2.8 percent on December 22. The forecast of real consumer spending growth increased from 2.9 percent to 3.3 percent after this morning's Manufacturing ISM Report On Business from the Institute for Supply Management, while the forecast of real private fixed-investment growth increased from 7.9 percent to 8.9 percent after the ISM report and this morning's construction spending release from the U.S. Census Bureau. The model's estimate of the dynamic factor for December—normalized to have mean 0 and standard deviation 1 and used to forecast the yet-to-be released monthly GDP source data—increased from 0.44 to 1.50 after the ISM report. The forecast of the contribution of net exports to fourth-quarter real GDP growth fell from -0.46 percentage points to -0.60 percentage points after the Census Bureau's Advance Economic Indicators release on December 28.

The next GDPNow update is Friday, January 5. Please see the "Release Dates" tab below for a full list of upcoming releases.

December 22, 2017

The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2017 is 2.8 percent on December 22, down from 3.3 percent on December 19. The forecast of fourth-quarter real consumer spending growth fell from 3.1 percent to 2.9 percent after this morning’s personal income and outlays release from the U.S. Bureau of Economic Analysis (BEA). The forecast of the contribution of inventory investment fell from -0.14 percentage points to -0.40 percentage points after this morning’s advance durable manufacturing release from the U.S. Census Bureau and the release of the revised underlying detail tables for the National Income and Product Accounts by the BEA this morning.

The next GDPNow update is Wednesday, January 3. Please see the "Release Dates" tab below for a full list of upcoming releases.

December 19, 2017

The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2017 is 3.3 percent on December 19, unchanged from December 14. The forecast of fourth-quarter real GDP growth fell to 3.1 percent after Friday's industrial production and capacity utilization release from the Federal Reserve Board of Governors but rebounded back to 3.3 percent after this morning's new residential construction release from the U.S Census Bureau. The forecast of fourth-quarter real residential investment growth increased from 4.8 percent to 8.2 percent after the construction release.

The next GDPNow update is Friday, December 22. Please see the "Release Dates" tab below for a full list of upcoming releases.

December 14, 2017

The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2017 is 3.3 percent on December 14, up from 2.9 percent on December 8. The forecast of fourth-quarter real consumer spending growth increased from 2.5 percent to 3.2 percent after yesterday's Consumer Price Index report from the U.S. Bureau of Labor Statistics and this morning's retail sales release from the U.S. Census Bureau.

The next GDPNow update is Tuesday, December 19. Please see the "Release Dates" tab below for a full list of upcoming releases.

December 8, 2017

The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2017 is 2.9 percent on December 8, down from 3.2 percent on December 5. The forecasts of real consumer spending growth and real private fixed-investment growth declined from 2.8 percent and 8.1 percent, respectively, to 2.5 percent and 7.0 percent, respectively, after this morning's employment report from the U.S. Bureau of Labor Statistics. The model's estimate of the dynamic factor for November—normalized to have mean 0 and standard deviation 1 and used to forecast the yet-to-be released monthly GDP source data—declined from 1.13 to 0.47 after the report.

The next GDPNow update is Thursday, December 14. Please see the "Release Dates" tab below for a full list of upcoming releases.

December 5, 2017

The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2017 is 3.2 percent on December 5, down from 3.5 percent on December 1. The forecast of real consumer spending growth fell from 3.1 percent to 2.8 percent after Monday's motor vehicles sales release from the U.S. Bureau of Economic Analysis.

The next GDPNow update is Friday, December 8. Please see the "Release Dates" tab below for a full list of upcoming releases.

December 1, 2017

The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2017 is 3.5 percent on December 1, up from 2.7 percent on November 30. The forecast of real consumer spending growth increased from 2.6 percent to 3.1 percent after this morning's Manufacturing ISM Report On Business from the Institute for Supply Management, while the forecast of real private fixed-investment spending growth increased from 6.7 percent to 8.4 percent after the ISM report and this morning's construction spending release from the U.S. Census Bureau. The model’s estimate of the dynamic factor for November—normalized to have mean 0 and standard deviation 1 and used to forecast the yet-to-be released monthly GDP source data—increased from 0.40 to 1.22 after the ISM report. The forecast of real government spending growth increased from 2.0 percent to 3.0 percent after the construction spending release.

The next GDPNow update is Tuesday, December 5. Please see the "Release Dates" tab below for a full list of upcoming releases.

November 30, 2017

The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2017 is 2.7 percent on November 30, down from 3.4 percent on November 22. The forecast of the contribution of net exports to fourth-quarter real GDP growth declined from –0.18 percentage points to –0.41 percentage points after Tuesday's Advance Economic Indicators Report from the U.S. Census Bureau. The forecast of fourth-quarter real consumer spending growth fell from 3.3 percent to 2.6 percent after this morning's personal income and outlays release from the U.S. Bureau of Economic Analysis.

The next GDPNow update is Friday, December 1. Please see the "Release Dates" tab below for a full list of upcoming releases.

November 22, 2017

The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2017 is 3.4 percent on November 22, unchanged from November 17. After this morning's advance durable manufacturing report from the U.S. Census Bureau, the forecast of real nonresidential equipment investment growth inched up from 14.1 percent to 14.2 percent and the forecast of the contribution of inventory investment to fourth-quarter GDP growth inched down from 0.06 percentage points to 0.02 percentage points.

The next GDPNow update is Thursday, November 30. Please see the "Release Dates" tab below for a full list of upcoming releases.

November 17, 2017

The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2017 is 3.4 percent on November 17, up from 3.2 percent on November 15. The forecast of real GDP growth increased 0.3 percentage points to 3.5 percent after yesterday's industrial production release from the Federal Reserve Board of Governors. The forecast of real residential investment growth declined from 4.6 percent to 2.2 percent after this morning's new residential construction report from the U.S. Census Bureau.

The next GDPNow update is Wednesday, November 22. Please see the "Release Dates" tab below for a full list of upcoming releases.

November 15, 2017

The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2017 is 3.2 percent on November 15, down from 3.3 percent on November 9. After this morning's retail sales report from the U.S. Census Bureau, the forecast of real consumer spending growth remained 3.2 percent and the forecast of real residential investment growth declined from 5.0 percent to 4.2 percent.

The next GDPNow update is Friday, November 17. Please see the "Release Dates" tab below for a full list of upcoming releases.

November 9, 2017

The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2017 is 3.3 percent on November 9, unchanged from November 3. The forecast of the contribution of inventory investment to fourth-quarter real GDP growth inched down from -0.03 percentage points to -0.06 percentage points after this morning's wholesale trade report from the U.S. Census Bureau.

The next GDPNow update is Wednesday, November 15. Please see the "Release Dates" tab below for a full list of upcoming releases.

November 3, 2017

The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2017 is 3.3 percent on November 3, down from 4.5 percent on November 1. The forecasts of real consumer spending growth and real private fixed investment growth declined from 3.9 percent and 8.7 percent, respectively, to 3.2 percent and 6.0 percent, respectively, after this morning’s employment report from the U.S. Bureau of Labor Statistics. The model's estimate of the dynamic factor for October—normalized to have mean 0 and standard deviation 1 and used to forecast the yet-to-be released monthly GDP source data—declined from 1.50 to 0.63 after the employment report. The forecast of the contribution of inventory investment to fourth-quarter real GDP growth declined from 0.14 percentage points to -0.03 percentage points after this morning’s manufacturing report from the U.S. Census Bureau.

The next GDPNow update is Thursday, November 9. Please see the "Release Dates" tab below for a full list of upcoming releases.

November 1, 2017

The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2017 is 4.5 percent on November 1, up from 2.9 percent on October 30. The forecasts of real consumer spending growth and real private fixed investment growth increased from 2.8 percent and 4.4 percent, respectively, to 4.1 percent and 8.8 percent, respectively, after this morning's Manufacturing ISM Report On Business from the Institute for Supply Management. The model's estimate of the dynamic factor for October—normalized to have mean 0 and standard deviation 1 and used to forecast the yet-to-be released monthly GDP source data—increased from 0.04 to 1.43 after the ISM report.

The next GDPNow update is Friday, November 3. Please see the "Release Dates" tab below for a full list of upcoming releases.

October 30, 2017

The initial GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2017 is 2.9 percent on October 30. The advance estimate of third-quarter real GDP growth released by the U.S. Bureau of Economic Analysis on October 27 was 3.0 percent, 0.5 percentage points above the final GDPNow model nowcast released on the previous day.

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

October 26, 2017

The final GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2017 is 2.5 percent on October 26, down from 2.7 percent on October 25. The forecast of the contribution of inventory investment to third-quarter GDP growth declined from 1.01 percentage points to 0.80 percentage points after this morning's Advance Economic Indicators report from the U.S. Census Bureau.

The next GDPNow update is Monday, October 30. Please see the "Release Dates" tab below for a full list of upcoming releases.

October 25, 2017

The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2017 is 2.7 percent on October 25, unchanged from October 18. The forecast of the contribution of inventory investment to third-quarter GDP growth increased from 0.94 percentage points to 1.01 percentage points after this morning's durable manufacturing report from the U.S. Census Bureau. The forecast of third-quarter real government spending growth declined from -1.1 percent to -1.7 after Friday's Monthly Treasury Statement from the U.S. Treasury Bureau of the Fiscal Service.

The next GDPNow update is Thursday, October 26. Please see the "Release Dates" tab below for a full list of upcoming releases.