The Federal Reserve Bank of Atlanta’s growth estimate for real gross domestic product (GDP) for the second quarter of 2025 increased on Monday.
The Atlanta Fed’s GDPNow model estimate is now projecting that U.S. real GDP will rise 4.6% in the second quarter of the year. This marks an increase from 3.8% on May 30, according to the Atlanta Fed.
The Atlanta Fed uses the GDPNow model as an unofficial forecast to estimate the U.S.’ real GDP growth based on a similar methodology used by the U.S. Bureau of Economic Analysis (BEA), according to the bank.
The Atlanta Fed’s latest GDPNow model estimate comes after U.S. consumer confidence increased by 12.3 points in May, marking the first increase in five months, according to the Conference Board. Moreover, the U.S. economy added 177,000 jobs in April, beating economists’ expectations.
Some recent polling has shown Americans currently feel that the U.S. economy is doing well under President Donald Trump’s leadership. A slight majority of voters — 51% — said they believe the economy is “strong,” according to a Harvard University Center for American Political Studies (CAPS)/Harris poll conducted in May.
Trump has vowed to introduce economic policies to boost America’s economy during his second White House term, promising to “rebuild the economy and restore national and economic security.”
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