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Atlanta Fed GDPNow Estimate for 2022: Q1

FEDERAL RESERVE BANK OF ATLANTAAUGUST 4, 2022 Atlanta Fed GDPNow Estimate for 2022: Q3 Note: The Atlanta Fed GDPNow Estimate is a model-based projection not subject to judgmental adjustments. It is not an official forecast of the Atlanta Fed, its president, the Federal Reserve System, or the Federal Open Market of forecastSources: Blue Chip Economic Indicators and Blue Chip Financial ForecastsNote: The top (bottom) 10 average forecast is an average of the highest (lowest) 10 forecasts in the Blue Chipsurvey. Evolution of Atlanta Fed GDPNow real GDP Estimate for 2022: Q3 Quarterly percent change (SAAR) Atlanta Fed GDPNow estimateBlue Chip consensusRange of top 10 and bottom 10 average forecastsGDPNow is not an official forecast of the Atlanta Fed.

Maximum forecast of real GDP growth 16-Feb Retail sales, Industrial production, Import/Export prices 1.5 2.20 0.74 0.44 0.09 0.22 0.22 -0.02 -2.34 Minimum forecast of real GDP growth 28-Jan Initial nowcast 0.1 1.33 0.34 0.42 0.04 0.03 0.23 -0.10 -2.25

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