Atlanta Fed

Real personal consumption expenditures growth and real private fixed investment growth declined from 1.9% and 2.5%, respectively, to 1.6% and 2.0%. These declines were partially offset by an increase of inventory investment to third-quarter real GDP growth from 0.63% points to 0.74%.

Atlanta Fed president and CEO Raphael Bostic sits at a table in front of a Federal Reserve Bank of Atlanta backdrop in a studio talking to a television monitor.

Earlier today, Atlanta Fed president and CEO Raphael Bostic appeared on @cnbc.com's Squawk on the Street to discuss inflation and the labor market and share his economic outlook coming out of the Federal Open Market Committee's recent meeting.

Watch the full clip here: atlfed.org/3UI24ym

Line chart showing gdpnow estimate at 2.1%, above bluechip range

On August 1, the GDPNow model nowcast of real #GDP growth in Q3 2025 is 2.1%: bit.ly/32EYojR.

Download our EconomyNow app or go to our website for the latest GDPNow nowcast: bit.ly/2TPeYLT.

Preview of the labor spider chart on the AtlantaFed website

August 1: We've updated our Labor Market spider chart to reflect July data from BLS: atlfed.org/45t8Y0C #JobsReport

Image previewing the interactive labor sliders chart on the Atlanta Fed website

August 1: We've updated our Labor Market Sliders to reflect July data from BLS. Test your "what-ifs" on the Atlanta Fed website: atlfed.org/41oRsrU #JobsReport

illustrated image of characters at work

August 1: We've updated our Jobs Calculator to reflect July data from BLS. How was the unemployment rate outlook affected? View the Atlanta Fed's data: atlfed.org/455LMnG #JobsReport

Horitzontal Bar chart showing one month employment change by industry in June. Healthcare and social assistance, retail trade, financial activities, leisure & hospitality, transportation & warehousing, construction, and other services saw growth, while utilities, information, mining, wholesale trade, goverment, manufacturing, and professional & business services shrank.

August 1: With today's BLS data release, we've updated our Labor Report First Look. Take a peek at the Atlanta Fed's website: atlfed.org/459J6pi #JobsReport

Atlanta Fed 07-31-25 Underlying Inflation Dashboard chart

While there is a broad-based slowing among some the near-term measures of underlying PCE inflation, all the year-over-year measures on the dashboard are still elevated relative to the FOMC's price stability mandate. atlfed.org/3IOQKhv

Atlanta Fed 07-31-25 Taylor Rule chart

Jul 31: We’ve updated our Taylor Rule Utility data by incorporating data from the Bureau of Economic Analysis (BEA) in addition to updated nowcasts from the @clevelandfed.bsky.social and the Atlanta Fed: atlfed.org/4mfdh5g

Line chart showing GPDNow estimate at 2.3%, shown as a dot as it is the first data point for the Q3 nowcast

On July 31, the GDP Now model nowcast of real #GDP growth in Q3 2025 is 2.3%: bit.ly/32EYojR.

Download our EconomyNow app or go to our website for the latest GDPNow nowcast: bit.ly/2TPeYLT.

Watch live. July 30 at 2:30 p.m. ET. FOMC Press Conference. Alternate player: https://www.youtube.com/FederalReserve/

WATCH LIVE TODAY: Press conference with #FOMC Chair Powell at 2:30 p.m. ET: www.federalreserve.gov

www.youtube.com/federalreserve

Atlanta Fed 07-30-25 Survey of Business Uncertainty chart

More than half of business executives in the Survey of Business Uncertainty are experiencing high or very high levels of uncertainty. Many expect a clearer picture by the end of the year. atlfed.org/3IQe8el

Atlanta Fed 07-30-25 Labor Market Distributions Spider Chart

July 30: View our updated #LaborMarket spider chart with June data from the Job Openings and Labor Turnover Survey (JOLTS) program of the Bureau of Labor Statistics (BLS): atlfed.org/4lUkp7y

LIne chart showing GDPNow estimate at 2.9% within bluechip range

On July 29, the GDPNow model nowcast of real #GDP growth in Q2 2025 is 2.9%: bit.ly/32EYojR.

Download our EconomyNow app or go to our website for the latest GDPNow nowcast: bit.ly/2TPeYLT.

This Economy Matters article examines check fraud and steps being considered to stay ahead of the problem.

The check, a stalwart of the US payments system, is receiving lots of attention as fraudsters increasingly use checks to commit financial crimes. This Economy Matters article examines steps being considered and, in some cases, taken to stay ahead of the problem. atlfed.org/4m5JPyG.

Line chart showing gdpwno estimate at 2.4% within bluechip range.

On July 25, the GDPNow model nowcast of real #GDP growth in Q2 2025 is 2.4%: bit.ly/32EYojR.

Download our EconomyNow app or go to our website for the latest GDPNow nowcast: bit.ly/2TPeYLT.

Firms’ inflation expectations for the coming year decreased to 2.3 percent.

Firms’ inflation expectations for the coming year decreased to 2.3 percent. Sales levels and profit margins compared to "normal times" decreased, according to the Atlanta Fed’s latest Business Inflation Expectations survey. atlfed.org/40BR6Oq.

Why does the United States have a central bank, the Federal Reserve, to oversee the nation’s monetary system? Watch this video for a brief history of why the Fed was created.

For more information about the Fed and its responsibilities, click here: atlfed.org/4kP6PRq

Atlanta Fed Jobs Calculator cover art

July 21: We've updated our state-level Jobs Calculator to reflect June data from the Bureau of Labor Statistics. How many jobs does it take in your state? View the Atlanta Fed's data: atlfed.org/4maaniq

Ficus aurea, Miami, Florida

Also known as the “Florida strangler fig,” and is aptly named, the tree wraps around and grows up a host tree, eventually overtaking the host. They can grow up to 50 feet tall and are native to southern Florida. #ThisistheSixth

When is GDPNow updated and what’s reflected in each update? Follow release details and dates here: atlfed.org/3HU9Pdk

Curious about the details behind GDPNow? Find underlying source data, forecasts, and model parameters in this spreadsheet: atlfed.org/3nkhDM5

YouTube video by Atlanta Fed What Is GDPNow?

What is GDPNow? How is a nowcast different from a forecast? Watch this video for an explanation from GDPNow’s creator, economist Pat Higgins: youtu.be/IpQzixSMjfs

Line chart showing gdpnow estimate at 2.4%

On July 18, the GDPNow model nowcast of real #GDP growth in Q2 2025 is 2.4%: bit.ly/32EYojR.

Download our EconomyNow app or go to our website for the latest GDPNow nowcast: bit.ly/2TPeYLT.

A new Policy Hub: Macroblog post looks at recent data from the Survey of Business Uncertainty to examine tariff-related uncertainty.

How long might tariff-related uncertainty persist, and what types of firms are experiencing greater uncertainty? A new Policy Hub: Macroblog post looks at recent data from the Survey of Business Uncertainty to find out. https://atlfed.org/4lSQ6O6

Atlanta Fed 07-17-25 GDPNow chart

On July 17, the GDPNow model nowcast of real #GDP growth in Q2 2025 is 2.4%: https://atlfed.org/4nVXA4u.

Download our EconomyNow app or go to our website for the latest GDPNow nowcast: https://atlfed.org/3UiWPVG.

Headshots of the three authors (Sarah Stein, Aidan Rickaby, and Pearse Haley) along with the title of the article: "Whare are the Afforadable Rental Units?"

Our experts identified a surprising trend when they broke down the supply of available, affordable homes by income. Read this Partners Update and see why simply building more rental units may not solve the deficit of affordable housing for lower-income families. https://atlfed.org/459VEhy.

Text: Workforce Realigned, Volume II Worker and Learner Perspectives: Insights from Participants in Outcomes-Based Training Programs Headshots: Tiffani Horton Senior Adviser, Community & Economic Development Sarah Miller Director & Principal Adviser, Community & Economic Development

The Social Finance Institute recently launched Workforce Realigned, Volume II, a new publication that features work from the Atlanta Fed and explores options for transforming how workforce development programs are designed, financed, and evaluated. See more information: https://atlfed.org/46gygjA.

This Economy Matters article surveys factors affecting condominium affordability in South Florida.

The once red-hot South Florida condominium market has cooled considerably in the wake of new regulations and shifting demographics. This Economy Matters article surveys the market and factors that are affecting affordability in the region. https://atlfed.org/469ZhVM

Atlanta Fed president and CEO Raphael Bostic sits at a table in a studio talking to a television monitor while live on air with Fox Business Network anchor Liz Claman.

Atlanta Fed president and CEO Raphael Bostic sat down with Fox Business to talk with Liz Claman about inflation and the consumer price index (CPI) and what recent data mean for the path of monetary policy. Watch the full conversation here: https://atlfed.org/3IqPEs3.