{"id":271962,"date":"2025-03-03T20:57:38","date_gmt":"2025-03-03T20:57:38","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2025\/03\/03\/nowcasted-consumption-falls-to-stall-speed\/"},"modified":"2025-06-25T17:09:13","modified_gmt":"2025-06-25T17:09:13","slug":"nowcasted-consumption-falls-to-stall-speed","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2025\/03\/03\/nowcasted-consumption-falls-to-stall-speed\/","title":{"rendered":"Nowcasted Consumption Falls to Stall Speed"},"content":{"rendered":"

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A week ago, Atlanta Fed\u2019s nowcast of consumption was 2.2% q\/q annualized; now it\u2019s zero.<\/p>\n

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Figure 1:<\/strong> Nonresidential equipment investment (blue, left scale), consumption (brown, right scale), both in bn.Ch.2017$ SAAR. GDPNow levels calculated by applying the 3\/3 nowcast growth rate to 2024Q4 2nd release values. Source: BEA, Atlanta Fed (3\/3\/2025 release), and author\u2019s calculations.<\/em><\/p>\n

In the 11 or so years of nowcasted consumption growth, there have been no<\/strong><\/em> instances of negative values (or zero values) outside of 2020, so this is a somewhat remarkable occurrence.<\/p>\n

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