Latest GDP Growth Estimate
2025-Q3
About this nowcast: This estimate synthesizes the latest available economic data to provide a real-time forecast of GDP growth. The chart below shows how the estimate has evolved as new data became available throughout the quarter.
Nowcast Evolution & Component Contributions
Component Details
| Date | Updated Series | Consumption | Equip. | Nonres. struct. | Intel. prop. | Res. Inv. | Inventories | Government | Exports | Imports | GDP |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025-12-10 | Consumption, Equipment. Investment, Exports, Government, Imports, Intel. property investment, Inventories, Nonres. structures investment, Res. Investment | 2.73% | 9.76% | -0.99% | 4.92% | -5.10% | -43.77 | 1.18% | 5.73% | -2.78% | 2.68% |
Understanding the Nowcast
The GDP nowcast provides an estimate of current-quarter economic growth before official statistics are released. It combines data from various economic indicators including:
- Consumer spending and retail sales
- Business investment
- Housing market activity
- Inventory changes
- Government expenditure
- International trade (exports & imports)
- Industrial production
- Employment data