toussaint<p>The GDPNow estimate for real GDP growth (seasonally adjusted annual rate) in the 2nd quarter of 2025 is 1.1 percent on May 1, down from 2.4 percent on April 30.<br>After this morning’s releases from the US Census Bureau and the Institute for Supply Management, the nowcast of second-quarter real personal consumption expenditures growth and real private fixed investment growth fell from 3.3 percent and 1.4 percent, respectively, to 1.9 percent and -0.7 percent. <a href="https://newsie.social/tags/econ" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>econ</span></a> <a href="https://newsie.social/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a> <a href="https://www.atlantafed.org/cqer/research/gdpnow?utm_medium=social-media&utm_source=twitter-atlantafed&utm_campaign=gdpnow" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">atlantafed.org/cqer/research/g</span><span class="invisible">dpnow?utm_medium=social-media&utm_source=twitter-atlantafed&utm_campaign=gdpnow</span></a></p>