Atlanta Fed Cuts Q3 GDP Estimate To Just +0.3% After Housing Data

The Atlanta Fed’s GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2022 is just 0.3 percent now, down from 0.5 percent on September 15, down from 1.4 percent on September 7, and down from 2.6 percent on September 1.