Wednesday, September 30, 2026

Atlanta Fed GDPNow Estimate +3.7% For Q3, 2026

From the Federal Reserve Bank of Atlanta:

September 30, 2026

The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2026 is 3.7 percent on September 30, down from 5.0 percent on September 25. After this morning’s releases from the US Census Bureau and the US Bureau of Economic Analysis, an increase in the nowcast of third-quarter real gross private domestic investment growth from 18.7 percent to 20.7 percent was more than offset by a decrease in the nowcast of third-quarter real personal consumption expenditures growth from 4.2 percent to 3.5 percent and a decrease in the nowcast of the contribution of net exports to third-quarter real GDP growth from -1.37 percentage points to -2.60 percentage points.

We've mentioned, having tracked this measure for years, that GDPNow tends to run hotter than the (eventually) reported figure, slowly converging into the month after the end of the quarter.

GDPNow home

Tomorrow is another update day