{"id":435111,"date":"2026-07-30T21:56:13","date_gmt":"2026-07-30T14:56:13","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/atlanta-fed-gdpnow-initial-estimate-for-q3-is-set-at-5-0-435111\/"},"modified":"2026-07-30T21:56:13","modified_gmt":"2026-07-30T14:56:13","slug":"atlanta-fed-gdpnow-initial-estimate-for-q3-is-set-at-5-0","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/atlanta-fed-gdpnow-initial-estimate-for-q3-is-set-at-5-0-435111\/","title":{"rendered":"Atlanta Fed GDPNow initial estimate for Q3 is set at 5.0%."},"content":{"rendered":"<div>\n<p style='box-sizing: border-box; margin: 0 0 2.5rem; color: rgba(0, 0, 0, 1); font-family: \"IBM Plex Sans\", sans-serif; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0; text-transform: none; widows: 2; word-spacing: 0; white-space: normal; background-color: rgba(254, 254, 254, 1); text-decoration-style: initial; text-decoration-color: initial; font-size: 16px'>With the\u00a02nd quarter GDP advance coming in at 1.5% versus 2.1% expectations from Reuters economists in the rear view mirror, how did the\u00a0Atlanta Fed model predict the quarter?\u00a0\u00a0On Tuesday, the final estimate came in at 1.5% &#8211;\u00a0equal to the advanced release.\u00a0 Atlanta Fed economist deservedly take a bow.\u00a0 Well done.<\/p>\n<p style='box-sizing: border-box; margin: 0 0 2.5rem; color: rgba(0, 0, 0, 1); font-family: \"IBM Plex Sans\", sans-serif; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0; text-transform: none; widows: 2; word-spacing: 0; white-space: normal; background-color: rgba(254, 254, 254, 1); text-decoration-style: initial; text-decoration-color: initial; font-size: 16px'>Now we are entering the 3Q and with the data dump today, the initial estimate is in.\u00a0 Please NOTE that the\u00a0initial estimates\u00a0do not have a lot of data, and therefore, are subject to large\u00a0fluctuations. It is through the data over the next 3 months that will build the final estimate.\u00a0<\/p>\n<p style='box-sizing: border-box; margin: 0 0 2.5rem; color: rgba(0, 0, 0, 1); font-family: \"IBM Plex Sans\", sans-serif; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0; text-transform: none; widows: 2; word-spacing: 0; white-space: normal; background-color: rgba(254, 254, 254, 1); text-decoration-style: initial; text-decoration-color: initial; font-size: 16px'>In the Atlanta Fed&#8217;s own words:<\/p>\n<blockquote style='box-sizing: border-box; margin: 0 0 2.5rem; color: rgba(0, 0, 0, 1); font-family: \"IBM Plex Sans\", sans-serif; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0; text-transform: none; widows: 2; word-spacing: 0; white-space: normal; background-color: rgba(254, 254, 254, 1); text-decoration-style: initial; text-decoration-color: initial; font-size: 16px'><p>The initial GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2026 is\u00a05.0 percent\u00a0on July 30. The first estimate of second-quarter real GDP growth released by the US Bureau of Economic Analysis was 1.5 percent, same as the final GDPNow nowcast after rounding.<\/p><\/blockquote>\n<p style='box-sizing: border-box; margin: 0 0 2.5rem; color: rgba(0, 0, 0, 1); font-family: \"IBM Plex Sans\", sans-serif; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0; text-transform: none; widows: 2; word-spacing: 0; white-space: normal; background-color: rgba(254, 254, 254, 1); text-decoration-style: initial; text-decoration-color: initial; font-size: 16px'>The next GDPNow update is\u00a0Monday, August 3. Please see the &#8220;Release Dates&#8221; tab below for a list of upcoming releases.<\/p>\n<p>                            This article was written by Greg Michalowski at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>With the\u00a02nd quarter GDP advance coming in at 1.5% versus 2.1% expectations from Reuters economists in the rear view mirror, how did the\u00a0Atlanta Fed model predict the quarter?\u00a0\u00a0On Tuesday, the final estimate&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-435111","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/435111","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=435111"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/435111\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=435111"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=435111"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=435111"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}