The Federal Reserve Bank of Atlanta's GDPNow model has revised its second quarter U.S. economic growth forecast to 2.4%, down slightly from the previous estimate of 2.5%. This update came on May 16, 2025, reflecting subtle changes in economic indicators and adjustments in the model's calculations.
The GDPNow model provides a real-time estimate of the economic growth rate by incorporating incoming economic data as it becomes available. This recent reduction underscores the moderate pace at which the U.S. economy is projected to grow during this period and indicates a slight cooling from earlier expectations.
The adjustment may pique the interest of policymakers and investors, who closely monitor GDP forecasts as they gauge the overall economic health and potential policy responses. This latest prediction continues to support a view of steady, albeit slightly slowed, expansion in the domestic economy for the quarter.
