Skip to main content

GDPNow vs Nowcast

Image placeholder title

Data Sources

Scroll to Continue

RECOMMENDED ARTICLES

Last quarter we saw gaps of 2 percentage points between GDPNow and Nowcast. The spread is now 0.1 percentage point.

One potential problems with both reports is lack of economic data. Thanks to the government shutdown, workers did not produces dozens of reports. Today, the New Home Sales report was skipped for the second month.

Mike "Mish" Shedlock