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GDP Dynamics

@gdpdynamics.com
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Macroeconomic forecasting, models, data & research. Home of the GDP Dynamics Nowcast. Formerly Relearning Economics. www.gdpdynamics.com members.gdpdynamics.com

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GDP Dynamics @gdpdynamics.com · 25/09/2026
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Business Investment Holds Up as Consumers and Housing Feel the Pressure | GDP Dynamics
Business Investment Holds Up as Consumers and Housing Feel the Pressure by GDP Dynamics on Patreon. Join GDP Dynamics's community for exclusive content and updates.
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GDP Dynamics @gdpdynamics.com · 25/09/2026
Latest weekly update on economics activity in the US. Article in the post below.👇
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GDP Dynamics @gdpdynamics.com · 25/09/2026
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GDP Dynamics Q3 Nowcast Falls to 2.49% as Consumer Signal Weakens
The GDP Dynamics nowcast for third-quarter U.S. real GDP growth fell to 2.49% SAAR on September 25, down 0.19 percentage points from yesterday’s estimate. That is equivalent to roughly 0.62% growth qu...
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GDP Dynamics @gdpdynamics.com · 25/09/2026
GDP NOWCAST UPDATE Our Q3 real GDP nowcast fell 0.19 pp today to 2.49% SAAR. Consumer spending: −0.22 pp Business investment: +0.02 pp Residential investment: +0.01 pp Strong capital goods data helped offset a weaker consumer signal. Article below 👇
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GDP Dynamics @gdpdynamics.com · 24/09/2026
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GDP Nowcast Edges Higher to 2.67% as Residential Investment Improves
The GDP Dynamics nowcast for third-quarter U.S. real GDP growth edged up to 2.67% SAAR, an increase of just 0.01 percentage point from yesterday’s estimate of 2.66%. That translates into approximately...
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GDP Dynamics @gdpdynamics.com · 24/09/2026
The GDP Dynamics Q3 nowcast edged up to 2.67% today, from 2.66%. The small revision came from residential investment, while the rest of the model was essentially unchanged. Housing data remain mixed, with stronger single-family starts but softer permits. Article below 👇
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GDP Dynamics @gdpdynamics.com · 23/09/2026
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GDP Nowcast Edges Higher to 2.66% as Net Exports Improve
The GDP Dynamics nowcast for 2026 Q3 edged up to 2.66% SAAR on September 23, an increase of just 0.01 percentage point from yesterday’s estimate. On a quarter-over-quarter basis, the model is currentl...
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GDP Dynamics @gdpdynamics.com · 23/09/2026
The GDP Dynamics Q3 2026 Nowcast edged up to 2.66% SAAR, from 2.65% yesterday. Net exports provided the small boost, while the broader growth outlook remained largely unchanged. Another remarkably stable update. Article below 👇
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GDP Dynamics @gdpdynamics.com · 22/09/2026
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GDP Dynamics Q3 Nowcast Holds at 2.66% as Treasury Yields Remain Elevated
The GDP Dynamics nowcast for the third quarter of 2026 held at 2.66% annualized on September 22, unchanged from yesterday’s estimate. That works out to roughly 0.66% quarter-over-quarter growth. There...
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GDP Dynamics @gdpdynamics.com · 22/09/2026
The GDP Dynamics Q3 nowcast is holding steady at 2.66%. Consumer spending remains solid, while net exports continue to be the biggest drag on growth. Long-term rates remain a headwind for investment. Full update + charts in the post below 👇
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GDP Dynamics @gdpdynamics.com · 21/09/2026
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GDP Dynamics Q3 2026 Nowcast Edges Up to 2.66%
The GDP Dynamics nowcast for the third quarter of 2026 edged up to 2.66% annualized growth, from 2.65% in the September 18 update. That works out to roughly 0.66% quarter-over-quarter growth. This was...
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GDP Dynamics @gdpdynamics.com · 21/09/2026
The GDP Dynamics Q3 nowcast edged up to 2.66% annualized. Net exports provided the small boost, while residential investment was essentially unchanged. Not a major revision, but the Q3 outlook continues to hold in the mid-2% range. Full update below 👇
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GDP Dynamics @gdpdynamics.com · 19/09/2026
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Bessent vs. the Bond Market | LIVE
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GDP Dynamics @gdpdynamics.com · 19/09/2026
Going live in 30 minutes for a little chat about the US Treasury and bond markets. See the link in the post below👇
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GDP Dynamics @gdpdynamics.com · 18/09/2026
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The Consumer Keeps Q3 Growth Alive, but the Supply Side Is Sending a Different Signal | GDP Dynamics
The Consumer Keeps Q3 Growth Alive, but the Supply Side Is Sending a Different Signal by GDP Dynamics on Patreon. Join GDP Dynamics's community for exclusive content and updates.
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GDP Dynamics @gdpdynamics.com · 18/09/2026
The consumer keeps spending, but the rest of the economy isn't moving at the same speed. Retail sales surged, manufacturing weakened, housing stayed mixed, and the GDP Dynamics Q3 nowcast rose from 2.46% to 2.64% this week. Full weekly analysis in the next post 👇
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GDP Dynamics @gdpdynamics.com · 17/09/2026
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GDP Dynamics Nowcast Rises to 2.64% as Single-Family Housing Rebounds
The GDP Dynamics nowcast for third-quarter U.S. real GDP growth rose to 2.64% SAAR on September 17, up 0.22 percentage points from yesterday’s estimate of 2.42%. On a quarter-over-quarter basis, the m...
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GDP Dynamics @gdpdynamics.com · 17/09/2026
🚨 GDP NOWCAST UPDATE Q3 GDP nowcast jumped 0.22 points today, from 2.42% to 2.64%. The entire revision came from residential investment as single-family housing starts surged 7.6%. The headline housing numbers hid the story. Article in the post below 👇
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GDP Dynamics @gdpdynamics.com · 16/09/2026
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GDP Dynamics Weekly Video Update September 16th 2026 | GDP Dynamics
GDP Dynamics Weekly Video Update September 16th 2026 by GDP Dynamics on Patreon. Join GDP Dynamics's community for exclusive content and updates.
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GDP Dynamics @gdpdynamics.com · 16/09/2026
Latest weekly video update posted on the GDP Dynamics members site, big news on my book! See link in the next post.
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GDP Dynamics @gdpdynamics.com · 16/09/2026
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GDP Dynamics Q3 Nowcast Slips to 2.42% as Inventories and Trade Weigh on Growth
The GDP Dynamics nowcast for third-quarter U.S. real GDP growth slipped to 2.42% SAAR on September 16, down 0.04 percentage point from yesterday's estimate. On a quarter-over-quarter basis, the model ...
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GDP Dynamics @gdpdynamics.com · 16/09/2026
The GDP Dynamics Q3 GDP Nowcast slipped slightly to 2.42% today. Consumer spending and investment improved, but that was more than offset by weaker inventories and net exports. A lot of movement underneath a small headline change. Article in the post below.👇
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GDP Dynamics @gdpdynamics.com · 15/09/2026
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GDP Dynamics Q3 Nowcast Holds at 2.46% as Treasury Yields Push Above 5%
The GDP Dynamics nowcast for third-quarter U.S. real GDP growth held at 2.46% SAAR on September 15, unchanged from the previous update. That translates to roughly 0.62% quarter-over-quarter growth. Th...
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GDP Dynamics @gdpdynamics.com · 15/09/2026
The GDP Dynamics Q3 nowcast holds at 2.46%. No meaningful change today, but the 10-year Treasury yield is sending a signal worth watching as financial conditions tighten. For now, Q3 growth remains steady. Article in the next post below.👇
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GDP Dynamics @gdpdynamics.com · 14/09/2026
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GDP Dynamics Q3 Nowcast Edges Down to 2.46% as Net Exports Weigh
The GDP Dynamics estimate for third-quarter U.S. real GDP growth edged slightly lower on September 14, falling 0.01 percentage point to 2.46% at a seasonally adjusted annual rate (SAAR). That is equiv...
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GDP Dynamics @gdpdynamics.com · 14/09/2026
The GDP Dynamics Q3 nowcast edged down to 2.46%. Net exports remain the big drag, subtracting 1.29 percentage points from growth, while domestic demand remains relatively solid. A small update today, with bigger data coming this week. Article in the next post 👇
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GDP Dynamics @gdpdynamics.com · 12/09/2026
Going live with Prof. Steve Keen in 30 minutes www.youtube.com/live/XMrLNn8...
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Macroeconomics Doesn’t Need Microfoundations | LIVE
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GDP Dynamics @gdpdynamics.com · 11/09/2026
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GDP Dynamics Q3 Nowcast Holds at 2.47%
The GDP Dynamics nowcast for third-quarter U.S. real GDP growth held essentially unchanged at 2.47% SAAR on September 11, equivalent to roughly 0.62% quarter-over-quarter growth. That lack of movement...
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GDP Dynamics @gdpdynamics.com · 11/09/2026
Big inflation news. Almost no change in the GDP outlook. The GDP Dynamics Q3 nowcast holds at 2.47%, even after the latest CPI data and Treasury yield moves. Sometimes what doesn't move the model tells you just as much as what does. Article in next post below.👇
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GDP Dynamics @gdpdynamics.com · 10/09/2026
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GDP Dynamics Weekly Update September 10th 2026 | GDP Dynamics
GDP Dynamics Weekly Update September 10th 2026 by GDP Dynamics on Patreon. Join GDP Dynamics's community for exclusive content and updates.
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GDP Dynamics @gdpdynamics.com · 10/09/2026
Latest weekly video update for the Nowcast and a brand new model is posted on the site. See the link to in in the post below.👇
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GDP Dynamics @gdpdynamics.com · 10/09/2026
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GDP Dynamics Nowcast Rises to 2.47% as Net Exports Improve
The GDP Dynamics nowcast for the third quarter of 2026 rose slightly on September 10, increasing from 2.42% to 2.47% annualized. That works out to roughly 0.62% growth quarter over quarter. It is a sm...
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GDP Dynamics @gdpdynamics.com · 10/09/2026
The GDP Dynamics Q3 nowcast moved higher today, rising from 2.42% to 2.47%. Net exports accounted for essentially the entire +0.05 pp revision, while the broader outlook remains relatively solid. Article in post below.👇
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GDP Dynamics @gdpdynamics.com · 09/09/2026
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GDP Dynamics Q3 Nowcast Holds at 2.42% as Treasury Yields Climb
The GDP Dynamics nowcast for third-quarter U.S. real GDP growth held essentially unchanged on September 9, remaining at **2.42% at a seasonally adjusted annual rate**, equivalent to roughly **0.60% qu...
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GDP Dynamics @gdpdynamics.com · 09/09/2026
The GDP Dynamics Q3 nowcast holds at 2.42%. Treasury yields climbed, but the move wasn't enough to materially change the growth outlook. Under the surface, consumer spending remains strong while net exports remain the biggest drag. Article in the next post below.👇
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GDP Dynamics @gdpdynamics.com · 09/09/2026
I do as well, we will see come late October.
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GDP Dynamics @gdpdynamics.com · 08/09/2026
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GDP Dynamics Q3 Nowcast Rises to 2.42% as Net Export Drag Eases
The GDP Dynamics nowcast for third-quarter U.S. real GDP growth edged higher on September 8, rising 0.03 percentage point to 2.42% at a seasonally adjusted annual rate. On a quarter-over-quarter basis...
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GDP Dynamics @gdpdynamics.com · 08/09/2026
The GDP Dynamics Q3 nowcast edged higher to 2.42%, up 0.03 pp since Friday. The move came from a slightly smaller drag from net exports, while the broader outlook remains largely unchanged. Article in the post below 👇
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GDP Dynamics @gdpdynamics.com · 04/09/2026
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GDP Dynamics Q3 Nowcast Slips to 2.39% After August Jobs Report
The GDP Dynamics estimate for third-quarter U.S. real GDP growth edged down to 2.39% SAAR on September 4, a decline of 0.03 percentage point from yesterday's estimate. On a quarter-over-quarter basis,...
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GDP Dynamics @gdpdynamics.com · 04/09/2026
GDP Dynamics Q3 nowcast slips 0.03 pp to 2.39% SAAR. Domestic demand strengthened underneath the headline, but net exports and government more than offset the gains. Article in the next post below.👇
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GDP Dynamics @gdpdynamics.com · 03/09/2026
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GDP Dynamics Q3 Nowcast Falls to 2.42% as Trade Becomes a Much Larger Drag
The GDP Dynamics estimate for third-quarter U.S. real GDP growth fell sharply on September 3, dropping 0.59 percentage points from 3.01% to 2.42% at a seasonally adjusted annual rate. That is equivale...
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GDP Dynamics @gdpdynamics.com · 03/09/2026
The GDP Dynamics Q3 nowcast fell 0.59 pp today to 2.42%. Nearly the entire decline came from net exports, which knocked 0.58 pp off the estimate following a sharp widening of the U.S. trade deficit. Domestic demand was largely unchanged. Article in the post below.👇
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GDP Dynamics @gdpdynamics.com · 02/09/2026
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Is America Entering the Late Stage of a Cantillon Cycle?
The typical American is experiencing an economy that isn't performing well for them. The Michigan Consumer Sentiment Index was 51.7 in August, compared with 89.8 ten years ago. In 2024 CNBC reported s...
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GDP Dynamics @gdpdynamics.com · 02/09/2026
Is America Entering the Late Stage of a Cantillon Cycle? Article by: Alex Jenkinson Link in the next post below.👇
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GDP Dynamics @gdpdynamics.com · 02/09/2026
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GDP Dynamics Q3 Nowcast Slips to 3.01%
My estimate for third-quarter U.S. real GDP growth slipped another 0.05 percentage point today, falling from 3.06% to 3.01% at a seasonally adjusted annual rate. That works out to roughly 0.75% growth...
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GDP Dynamics @gdpdynamics.com · 02/09/2026
Q3 GDP nowcast slipped another 0.05 pp today to 3.01% SAAR. Net exports, business fixed investment, and residential investment all moved lower, while consumer spending remains the main driver of growth. Article in the post below.👇
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GDP Dynamics @gdpdynamics.com · 01/09/2026
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Q3 GDP Nowcast Slips to 3.06% as Construction Weakens
My Q3 2026 GDP nowcast fell another 0.10 percentage point today, dropping from 3.16% to 3.06% at a seasonally adjusted annual rate. That works out to roughly 0.76% quarter-over-quarter growth. The Sep...
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GDP Dynamics @gdpdynamics.com · 01/09/2026
My Q3 GDP nowcast slipped another 0.10 percentage point today to 3.06%. Weak construction data drove the decline, with business fixed investment, residential investment, and government all moving lower. Consumer spending remains the main support. Article in next post below.👇
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GDP Dynamics @gdpdynamics.com · 31/08/2026
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GDP Nowcast Holds at 3.16% as Financial Conditions Shift
My GDP Dynamics nowcast for third-quarter U.S. real GDP growth remains at 3.16% SAAR, equivalent to roughly 0.79% quarter-over-quarter growth. The estimate was effectively unchanged from Friday’s upda...
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GDP Dynamics @gdpdynamics.com · 31/08/2026
The GDP Dynamics Q3 nowcast holds at 3.16%. Consumer spending remains the engine of growth, contributing 3.22 pp, while net exports and residential investment continue to drag on the forecast. Article in the post below.👇
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