FX.co ★ US Q2 Growth Outlook Firms as Atlanta Fed GDPNow Estimate Ticks Up to 1.7%

The Atlanta Federal Reserve’s GDPNow model edged higher for the second quarter of 2026, signaling a modest improvement in the US growth outlook. According to the latest update on 16 July 2026, the nowcast for annualized real GDP growth stands at 1.7%, up from a prior estimate of 1.3% for the same period.

The upward revision suggests that incoming economic data for the second quarter have been slightly stronger than previously assessed, though the projected pace of expansion remains moderate. While the GDPNow estimate is not an official forecast, markets often track the measure closely as a high-frequency gauge of momentum in real activity across the US economy.