Latest forecast — May 1, 2015
The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2015 was 0.8 percent on May 1, down slightly from 0.9 percent on April 30. The nowcast for second-quarter real nonresidential structures investment growth fell to -20 percent following this morning’s construction spending report from the U.S. Census Bureau.
