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Third Quarter GDP Grew 32%


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2020 Sep 19, 2:07pm   425 views  3 comments

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Latest estimate: 32.0 percent — September 17, 2020
The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2020 is 32.0 percent on September 17, up from 31.7 percent on September 16. After this morning's housing starts report from the U.S. Census Bureau, the nowcast of third-quarter real residential investment growth increased from 39.3 percent to 46.1 percent.

The next GDPNow update is Friday, September 25. Please see the "Release Dates" tab below for a list of upcoming releases.

https://www.frbatlanta.org/cqer/research/gdpnow

Comments 1 - 3 of 3        Search these comments

1   RWSGFY   2020 Sep 19, 2:44pm  

Nooooooo!
2   REpro   2020 Sep 19, 3:29pm  

2nd Quarter GDP -32.9%
3   Shaman   2020 Sep 19, 3:37pm  

That is the definition of a V.

Red states must be making up for blue ones that are still in partial lockdown.

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