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Title:               GDPNow
Series ID:           GDPNOW
Source:              Federal Reserve Bank of Atlanta
Release:             GDPNow
Seasonal Adjustment: Seasonally Adjusted Annual Rate
Frequency:           Quarterly
Units:               Percent Change at Annual Rate
Date Range:          2011-07-01 to 2024-04-01
Last Updated:        2024-05-08 10:51 AM CDT
Notes:               GDPNow is a nowcasting model for gross domestic product (GDP) growth
                     that synthesizes the bridge equation approach relating GDP
                     subcomponents to monthly source data with factor model and Bayesian
                     vector autoregression approaches. The GDPNow model forecasts GDP
                     growth by aggregating 13 subcomponents that make up GDP with the
                     chain-weighting methodology used by the US Bureau of Economic
                     Analysis.
                     
                     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 Federal Reserve Bank of Atlanta
                     (https://www.frbatlanta.org/cqer/research/gdpnow.aspx?panel=1).

DATE           VALUE
2011-07-01    3.2445
2011-10-01    5.1684
2012-01-01    3.0151
2012-04-01    0.2243
2012-07-01    1.8490
2012-10-01    0.0776
2013-01-01    2.8718
2013-04-01    1.3000
2013-07-01    2.3233
2013-10-01    3.1249
2014-01-01    0.3489
2014-04-01    2.6666
2014-07-01    2.6999
2014-10-01    3.4918
2015-01-01    0.0988
2015-04-01    2.4328
2015-07-01    1.0637
2015-10-01    1.0179
2016-01-01    0.6209
2016-04-01    1.8333
2016-07-01    2.0953
2016-10-01    2.8814
2017-01-01    0.1699
2017-04-01    2.8194
2017-07-01    2.7182
2017-10-01    3.4060
2018-01-01    1.9834
2018-04-01    3.8225
2018-07-01    3.5537
2018-10-01    1.8466
2019-01-01    2.6711
2019-04-01    1.3334
2019-07-01    1.6752
2019-10-01    1.7394
2020-01-01   -0.9691
2020-04-01  -32.0844
2020-07-01   36.9708
2020-10-01    7.1600
2021-01-01    7.8694
2021-04-01    6.4265
2021-07-01    0.1950
2021-10-01    6.4986
2022-01-01    0.3728
2022-04-01   -1.2002
2022-07-01    3.0885
2022-10-01    3.5294
2023-01-01    1.1326
2023-04-01    2.4126
2023-07-01    5.4052
2023-10-01    2.3834
2024-01-01    2.7047
2024-04-01    4.1768