The Contributions to percent change in GDPNow: Real Personal Consumption Expenditures represents the contribution in percentage points that the nowcast for Personal Consumption Expenditures provides to real GDP growth. For further information visit the source at https://www.frbatlanta.org/cqer/research/gdpnow.aspx?panel=1.

The Contributions to percent change in GDPNow: Real Personal Consumption Expenditures: Services represents the contribution in percentage points that the nowcast for Personal Consumption Expenditures: Services provides to real GDP growth. For further information visit the source at https://www.frbatlanta.org/cqer/research/gdpnow.aspx?panel=1.

The Nowcast for Real Personal Consumption Expenditures: Services uses a nowcasting model to synthesize the bridge equation approach relating GDP subcomponents to monthly source data with factor model and Bayesian vector autoregression approaches. The Federal Reserve Bank of Atlanta’s GDPNow release complements the quarterly GDP release from the Bureau of Economic Analysis (BEA). The Atlanta Fed recalculates and updates their GDPNow forecasts (called “nowcasts”) throughout the quarter as new data are released, up until the BEA releases its “advance estimate” of GDP for that quarter. The St. Louis Fed constructs a quarterly time series for this dataset, in which both historical and current observations values are combined. In general, the most-current observation is revised multiple times throughout the quarter. The final forecasted value (before the BEA’s release of the advance estimate of GDP) is the static, historical value for that quarter. For futher information visit the source at https://www.frbatlanta.org/cqer/research/gdpnow.aspx?panel=1.

The Contributions to percent change in GDPNow: Real Personal Consumption Expenditures: Goods represents the contribution in percentage points that the nowcast for Personal Consumption Expenditures: Goods provides to real GDP growth. For further information visit the source at https://www.frbatlanta.org/cqer/research/gdpnow.aspx?panel=1.

The Nowcast for Real Personal Consumption Expenditures: Goods uses a nowcasting model to synthesize the bridge equation approach relating GDP subcomponents to monthly source data with factor model and Bayesian vector autoregression approaches. The Federal Reserve Bank of Atlanta’s GDPNow release complements the quarterly GDP release from the Bureau of Economic Analysis (BEA). The Atlanta Fed recalculates and updates their GDPNow forecasts (called “nowcasts”) throughout the quarter as new data are released, up until the BEA releases its “advance estimate” of GDP for that quarter. The St. Louis Fed constructs a quarterly time series for this dataset, in which both historical and current observations values are combined. In general, the most-current observation is revised multiple times throughout the quarter. The final forecasted value (before the BEA’s release of the advance estimate of GDP) is the static, historical value for that quarter. For futher information visit the source at https://www.frbatlanta.org/cqer/research/gdpnow.aspx?panel=1.

The Nowcast for Real Personal Consumption Expenditures uses a nowcasting model to synthesize the bridge equation approach relating GDP subcomponents to monthly source data with factor model and Bayesian vector autoregression approaches. The Federal Reserve Bank of Atlanta’s GDPNow release complements the quarterly GDP release from the Bureau of Economic Analysis (BEA). The Atlanta Fed recalculates and updates their GDPNow forecasts (called “nowcasts”) throughout the quarter as new data are released, up until the BEA releases its “advance estimate” of GDP for that quarter. The St. Louis Fed constructs a quarterly time series for this dataset, in which both historical and current observations values are combined. In general, the most-current observation is revised multiple times throughout the quarter. The final forecasted value (before the BEA’s release of the advance estimate of GDP) is the static, historical value for that quarter. For futher information visit the source at https://www.frbatlanta.org/cqer/research/gdpnow.aspx?panel=1.

The Equity Market Volatility tracker moves with the VIX and with the realized volatility of returns on the S&P 500. For more information, see Baker, Scott, Nicholas Bloom and Steven Davis (2019), 'Policy News and Stack Market Volatility' (https://www.policyuncertainty.com/media/Policy%20News%20and%20Stock%20Market%20Volatility.pdf)

The Trimmed Mean PCE inflation rate produced by the Federal Reserve Bank of Dallas is an alternative measure of core inflation in the price index for personal consumption expenditures (PCE). The data series is calculated by the Dallas Fed, using data from the Bureau of Economic Analysis (BEA). Calculating the trimmed mean PCE inflation rate for a given month involves looking at the price changes for each of the individual components of personal consumption expenditures. The individual price changes are sorted in ascending order from “fell the most” to “rose the most,” and a certain fraction of the most extreme observations at both ends of the spectrum are thrown out or trimmed. The inflation rate is then calculated as a weighted average of the remaining components. The trimmed mean inflation rate is a proxy for true core PCE inflation rate. The resulting inflation measure has been shown to outperform the more conventional “excluding food and energy” measure as a gauge of core inflation.

The Trimmed Mean PCE inflation rate produced by the Federal Reserve Bank of Dallas is an alternative measure of core inflation in the price index for personal consumption expenditures (PCE). The data series is calculated by the Dallas Fed, using data from the Bureau of Economic Analysis (BEA). Calculating the trimmed mean PCE inflation rate for a given month involves looking at the price changes for each of the individual components of personal consumption expenditures. The individual price changes are sorted in ascending order from “fell the most” to “rose the most,” and a certain fraction of the most extreme observations at both ends of the spectrum are thrown out or trimmed. The inflation rate is then calculated as a weighted average of the remaining components. The trimmed mean inflation rate is a proxy for true core PCE inflation rate. The resulting inflation measure has been shown to outperform the more conventional “excluding food and energy” measure as a gauge of core inflation.

The Trimmed Mean PCE inflation rate produced by the Federal Reserve Bank of Dallas is an alternative measure of core inflation in the price index for personal consumption expenditures (PCE). The data series is calculated by the Dallas Fed, using data from the Bureau of Economic Analysis (BEA). Calculating the trimmed mean PCE inflation rate for a given month involves looking at the price changes for each of the individual components of personal consumption expenditures. The individual price changes are sorted in ascending order from “fell the most” to “rose the most,” and a certain fraction of the most extreme observations at both ends of the spectrum are thrown out or trimmed. The inflation rate is then calculated as a weighted average of the remaining components. The trimmed mean inflation rate is a proxy for true core PCE inflation rate. The resulting inflation measure has been shown to outperform the more conventional “excluding food and energy” measure as a gauge of core inflation.

BEA Account Code: DHSGRC For further information, please visit the source website at http://www.bea.gov/national/ .

BEA Account Code: DNRGRAM A Guide to the National Income and Product Accounts of the United States (NIPA) - (http://www.bea.gov/national/pdf/nipaguid.pdf)

BEA Account Code: DNRGRGM A Guide to the National Income and Product Accounts of the United States (NIPA) - (http://www.bea.gov/national/pdf/nipaguid.pdf)

BEA Account Code: DPCMRA For more information about this series, please see http://www.bea.gov/national/.

BEA Account Code: DPCMRAM A Guide to the National Income and Product Accounts of the United States (NIPA) - (http://www.bea.gov/national/pdf/nipaguid.pdf)

BEA Account Code: DPCXRX For more information about this series, please see http://www.bea.gov/national/.

BEA Account Code: DSERRGM A Guide to the National Income and Product Accounts of the United States (NIPA) - (http://www.bea.gov/national/pdf/nipaguid.pdf)

BEA Account Code: IB001260 For more information about this series, please see please visit the Guide to the National Income and Product Accounts of the United States (NIPA) (https://www.bea.gov/resources/methodologies/nipa-handbook).

BEA Account Code: LA001176 For more information about this series, please see please visit the Guide to the National Income and Product Accounts of the United States (NIPA) (https://www.bea.gov/resources/methodologies/nipa-handbook).

BEA Account Code: DGDSRGM A Guide to the National Income and Product Accounts of the United States (NIPA) - (http://www.bea.gov/national/pdf/nipaguid.pdf)

BEA Account Code: DNDGRGM A Guide to the National Income and Product Accounts of the United States (NIPA) - (http://www.bea.gov/national/pdf/nipaguid.pdf)

BEA Account Code: DDURRGM A Guide to the National Income and Product Accounts of the United States (NIPA) - (http://www.bea.gov/national/pdf/nipaguid.pdf)

BEA Account Code: DNDGRAM A Guide to the National Income and Product Accounts of the United States (NIPA) - (http://www.bea.gov/national/pdf/nipaguid.pdf)

BEA Account Code: DPCMRGM A Guide to the National Income and Product Accounts of the United States (NIPA) - (http://www.bea.gov/national/pdf/nipaguid.pdf)

BEA Account Code: DPCXRA For more information about this series, please see http://www.bea.gov/national/.

BEA Account Code: DPCXRAM A Guide to the National Income and Product Accounts of the United States (NIPA) - (http://www.bea.gov/national/pdf/nipaguid.pdf)

BEA Account Code: IB001176 For more information about this series, please see please visit the Guide to the National Income and Product Accounts of the United States (NIPA) (https://www.bea.gov/resources/methodologies/nipa-handbook).

BEA Account Code: DPCMRC For more information about this series, please see http://www.bea.gov/national/.

BEA Account Code: DPCMRX For more information about this series, please see http://www.bea.gov/national/.

BEA Account Code: PP001176 For more information about this series, please see please visit the Guide to the National Income and Product Accounts of the United States (NIPA) (https://www.bea.gov/resources/methodologies/nipa-handbook).

BEA Account Code: DDURRAM A Guide to the National Income and Product Accounts of the United States (NIPA) - (http://www.bea.gov/national/pdf/nipaguid.pdf)

BEA Account Code: DNRGRA For more information about this series, please see http://www.bea.gov/national/.

BEA Account Code: DPCCRA For more information about this series, please see http://www.bea.gov/national/.

BEA Account Code: DGDSRA For more information about this series, please see http://www.bea.gov/national/.

BEA Account Code: DGDSRAM A Guide to the National Income and Product Accounts of the United States (NIPA) - (http://www.bea.gov/national/pdf/nipaguid.pdf)

BEA Account Code: DPCMRG For more information about this series, please see http://www.bea.gov/national/.

BEA Account Code: DPCXRC For more information about this series, please see http://www.bea.gov/national/.

BEA Account Code: DSERRA For more information about this series, please see http://www.bea.gov/national/.

BEA Account Code: PQ001176 For more information about this series, please see please visit the Guide to the National Income and Product Accounts of the United States (NIPA) (https://www.bea.gov/resources/methodologies/nipa-handbook).

BEA Account Code: DFXARA For more information about this series, please see http://www.bea.gov/national/.

BEA Account Code: DPCCRX For more information about this series, please see http://www.bea.gov/national/.

BEA Account Code: DPCERGM A Guide to the National Income and Product Accounts of the United States (NIPA) - (http://www.bea.gov/national/pdf/nipaguid.pdf)

BEA Account Code: LB001176 For more information about this series, please see please visit the Guide to the National Income and Product Accounts of the United States (NIPA) (https://www.bea.gov/resources/methodologies/nipa-handbook).

BEA Account Code: DFXARGM A Guide to the National Income and Product Accounts of the United States (NIPA) - (http://www.bea.gov/national/pdf/nipaguid.pdf)

BEA Account Code: DFXARAM A Guide to the National Income and Product Accounts of the United States (NIPA) - (http://www.bea.gov/national/pdf/nipaguid.pdf)

BEA Account Code: DSERRAM A Guide to the National Income and Product Accounts of the United States (NIPA) - (http://www.bea.gov/national/pdf/nipaguid.pdf)

BEA Account Code: DNRGRX For more information about this series, please see http://www.bea.gov/national/.

BEA Account Code: LA001260 For more information about this series, please see please visit the Guide to the National Income and Product Accounts of the United States (NIPA) (https://www.bea.gov/resources/methodologies/nipa-handbook).

BEA Account Code: DNDGRA For more information about this series, please see http://www.bea.gov/national/.

BEA Account Code: LB001260 For more information about this series, please see please visit the Guide to the National Income and Product Accounts of the United States (NIPA) (https://www.bea.gov/resources/methodologies/nipa-handbook).

BEA Account Code: DDURRA For more information about this series, please see http://www.bea.gov/national/.

BEA Account Code: DPCXRG For more information about this series, please see http://www.bea.gov/national/.

BEA Account Code: DPCXRGM A Guide to the National Income and Product Accounts of the United States (NIPA) - (http://www.bea.gov/national/pdf/nipaguid.pdf)

BEA Account Code: PP001260 For more information about this series, please see please visit the Guide to the National Income and Product Accounts of the United States (NIPA) (https://www.bea.gov/resources/methodologies/nipa-handbook).

BEA Account Code: DNRGRG For more information about this series, please see http://www.bea.gov/national/.

BEA Account Code: DNDGRG For more information about this series, please see http://www.bea.gov/national/.

BEA Account Code: PQ001260 For more information about this series, please see please visit the Guide to the National Income and Product Accounts of the United States (NIPA) (https://www.bea.gov/resources/methodologies/nipa-handbook).

BEA Account Code: DPCCRGM A Guide to the National Income and Product Accounts of the United States (NIPA) - (http://www.bea.gov/national/pdf/nipaguid.pdf)

BEA Account Code: DFXARG For more information about this series, please see http://www.bea.gov/national/.

BEA Account Code: DPCERA For more information about this series, please see http://www.bea.gov/national/.