Latest forecast: 2.6 percent — December 16, 2016
The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2016 is 2.6 percent on December 16, up from 2.4 percent on December 14. The forecast of fourth-quarter real personal consumption expenditures growth increased from 2.1 percent to 2.4 percent after yesterday’s Consumer Price Index release from the U.S. Bureau of Labor Statistics.
The next GDPNow update is Thursday, December 22. Please see the “Release Dates” tab below for a full list of upcoming releases.