The Federal Reserve Bank of Atlanta maintains a short-term economic model that they call GDPNow. The Atlanta Fed describes it as a “running estimate of real GDP growth based on available economic data for the current measured quarter.” During the last week, the estimate…. READ MORE
GDP, Taxes, and Trade
The Atlanta Federal Reserve Bank is known for its GDPNow model because it relies on current economic data without subjective adjustments by economists. On July 30, the Atlanta Fed released its first forecast of real GDP growth of 6.1% for the third calendar quarter. READ MORE