Nowcasts/Forecasts of GDP
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GDPNow updated downward:
Figure 1: GDP (bold black), GDPNow of 6/26 (blue square), St . Louis Fed news nowcast of 6/26 (orange circle), NY Fed nowcast (red triangle), May SPF (purple), June FT Booth survey (chartreuse), 10th/90th percentiles (chartreuse +), all in bn.Ch.2017$, SAAR. Source: BEA 2026Q1 3rd release, Atlanta Fed, NY Fed, St Louis Fed, Philadelphia Fed, FT-Booth survey, and author’s calculations.
There’s less dispersion in nowcasts and tracking forecasts. Goldman Sach
Figure 1: GDP (bold black), GDPNow of 6/26 (blue square), St . Louis Fed news nowcast of 6/26 (orange circle), NY Fed nowcast (red triangle), May SPF (purple), June FT Booth survey (chartreuse), 10th/90th percentiles (chartreuse +), all in bn.Ch.2017$, SAAR. Source: BEA 2026Q1 3rd release, Atlanta Fed, NY Fed, St Louis Fed, Philadelphia Fed, FT-Booth survey, and author’s calculations.
There’s less dispersion in nowcasts and tracking forecasts. Goldman Sach
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