Quarterly , seasonally adjusted annually . The Nowcast for Real Gross Private Domestic Investment: Fixed Investment: Business uses a nowcasting model to synthesize the bridge equation approach relating GDP subcomponents to monthly source data with factor model and Bayesian vector autoregression approaches. The Federal Reserve Bank of Atlantaâ€™s GDPNow release complements the quarterly GDP release from the Bureau of Economic Analysis (BEA). The Atlanta Fed recalculates and updates their GDPNow forecasts (called â€œnowcastsâ€) throughout the quarter as new data are released, up until the BEA releases its â€œadvance estimateâ€ of GDP for that quarter. The St. Louis Fed constructs a quarterly time series for this dataset, in which both historical and current observations values are combined. In general, the most-current observation is revised multiple times throughout the quarter. The final forecasted value (before the BEAâ€™s release of the advance estimate of GDP) is the static, historical value for that quarter. For futher information visit the source at https://www.frbatlanta.org/cqer/research/gdpnow.aspx?panel=1.
|Last Value||-2.1193 %|
|Last Updated||2019-10-28 14:01:02-05|
|Average Growth Rate||-77.23|
|Long Term Average||4.16|
|Value from 1 Year Ago||3.2347|
|Change from 1 Year Ago||-165.52|