By Published On: November 26, 20250.6 min read

The Atlanta Fed’s GDPNow model has revised its estimate for third-quarter GDP growth down slightly to 3.9% from 4.0% as of 26 November. This adjustment follows the release of the advance durable manufacturing report from the US Census Bureau, which caused the model’s forecast for real gross private domestic investment growth to fall from 4.4% to 3.5%.

Traders should note that the GDPNow estimate provides a real-time gauge of economic growth, combining various data releases to forecast quarterly GDP. The next scheduled update will be on Monday, 1 December.

This revision indicates a modest cooling in investment activity, which could influence market expectations for economic momentum and monetary policy decisions.

Original Source: Greg Michalowski of investinglive.com

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