{"id":346191,"date":"2025-07-29T22:29:45","date_gmt":"2025-07-30T03:29:45","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2025\/07\/29\/final-nowcast-for-q2-econbrowser\/"},"modified":"2025-07-29T22:29:45","modified_gmt":"2025-07-30T03:29:45","slug":"final-nowcast-for-q2-econbrowser","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2025\/07\/29\/final-nowcast-for-q2-econbrowser\/","title":{"rendered":"Final Nowcast for Q2 | Econbrowser"},"content":{"rendered":"

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Atlanta Fed nowcast incorporating advance economic indicators indicates 2.9% q\/q AR, up from 2.4%. The news is in final sales to private domestic purchasers.<\/p>\n

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Figure 1:<\/strong> Final sales to private domestic purchasers (bold black), GDPNow of 7\/25 (red *), GDPNow of 7\/29 (light blue square), all in bn.Ch.2017$ SAAR.\u00a0 Source: BEA 2025Q1 3rd release, Atlanta Fed, and author\u2019s calculations.<\/em><\/p>\n

Since this series excludes imports and exports as well as inventories, it should be less affected by distortions associated with tariff front-running. That nowcasted final sales growth in Q2 is\u00a0 0.8% SAAR, down from 0.9% just four days ago. Moreover, this Q2 growth rate is less than half the 1.9% in Q1, and 2.9% in 2024Q4.<\/p>\n

So, don\u2019t be overly focused on GDP.<\/p>\n<\/p><\/div>\n

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