Nowcast for Real Gross Private Domestic Investment, Fixed Investment Business : 2.06% (As of 2024-01-01)
Historical Data
Basic Info
Nowcast for Real Gross Private Domestic Investment, Fixed Investment Business was 2.06 as of 2024-01-01, according to Federal Reserve Bank of Atlanta. Historically, Nowcast for Real Gross Private Domestic Investment, Fixed Investment Business reached a record high of 13.45 and a record low of -30.29, the median value is 3.63. Typical value range is from -3.80 to 9.16. The Year-Over-Year growth is -15.62%. GuruFocus provides the current actual value, an historical data chart and related indicators for Nowcast for Real Gross Private Domestic Investment, Fixed Investment Business - last updated on 2024-01-01.
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 Atlanta'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 "nowcasts") throughout the quarter as new data are released, up until the BEA releases its "advance estimate" 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 BEA'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.
| Category | National Accounts |
| Region | USA |
| Source | Federal Reserve Bank of Atlanta |
Stats
| Name | Value | ||
|---|---|---|---|
| Last Value | 2.06% | ||
| Latest Period | 2024-01-01 | ||
| Long Term Average | 2.68% | ||
| Average Annualized Growth Rate | -13.93% | ||
| Value from 1 year ago | 2.44% | ||
| Change from 1 year ago | -15.57% | ||
| Frequency | Quarterly | ||
| Unit | % | ||
| Download Source | BUSFIXINVESTNOW.txt |
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