I’m not familiar with this report. Anyone have a handle on how accurate (or not) it tends to be?
This is from the Atlanta Fed produce GDPNow. It is considered reliable to +-0.3% GDP especially late in the quarterly forecast period. Believe the actually 2Q number is due on 28 July.
It’s pretty accurate, but the numbers are updated as new data is collected. Yesterday, GDP was at -1% for Q2 if I heard correctly, but construction data just came in and tanked the figure. Watch for multiple revisions going forward.