US GDP nowcast: live current-quarter growth (GDPNow, WEI)

Real GDP growth for the quarter in progress, estimated before the official release: the Atlanta Fed's GDPNow, the St. Louis Fed's news-index nowcast, and the Weekly Economic Index, each updating as source data lands. GDPNow's final-of-quarter read has averaged ~0.77pp absolute error vs the advance estimate since 2011.

Live readings

Growth is the other blade of the scissors next to inflation: 4% CPI with strong growth is an overheating problem; 4% with a stalling nowcast is the stagflation corner. This page pairs with the recession-risk dashboard for that judgment.

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