Atlanta Fed GDPNow rises to 3.2% from 2.6% last

The Atlanta Fed GDPNow estimate for 1Q growth came in at 3.2% vs 2.6% on March 8th.

In their own words:

The GDPNow model estimate for real GDP GDP Gross Domestic Product (GDP) is the monetary value of all the goods and services produced within a country's borders in a specific period of time, typically a year. It is used to measure the economic activity and growth of a country. Periods shorter than a year are often presented in an annualized or year-over-year format.There are three ways to calculate GDP:The expenditure approach: GDP is calculated by adding up all the spending on goods and services within a country. This includes consumer s Gross Domestic Product (GDP) is the monetary value of all the goods and services produced within a country's borders in a specific period of time, typically a year. It is used to measure the economic activity and growth of a country. Periods shorter than a year are often presented in an annualized or year-over-year format.There are three ways to calculate GDP:The expenditure approach: GDP is calculated by adding up all the spending on goods and services within a country. This includes consumer s Read this Term growth (seasonally adjusted annual rate) in the first quarter of 2023 is 3.2 percent on March 15, up from 2.6 percent on March 8. After recent releases from the US Department of the Treasury's Bureau of the Fiscal Service, the US Bureau of Labor Statistics, and the US Census Bureau, the nowcasts of first-quarter real gross personal consumption expenditures growth, first-quarter real gross private domestic investment growth, and first-quarter real government spending growth increased from 4.4 percent, -6.8 percent, and 1.5 percent, respectively, to 5.0 percent, -6.4 percent, and 1.8 percent.

The next release will be tomorrow.