The Atlanta Fed GDPNow growth estimate for Q4 growth comes in unchanged at 3.1%.
In their own words:
The GDPNow model estimate is for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2024. 3.1 percent on December 24, unchanged from December 20 after the rally. Following both the positive stable manufacturing report and the new home sales release from the US Census Bureau, the actual growth of real private domestic investment in the fourth quarter increased from 1.2 percent to 1.3 percent.
The next update is GDPNow Thursday, January 2. See the “Release Date” tab below for a list of upcoming releases
