The Atlanta Fed’s Wage Growth Tracker edged down to 3.9% in September from 4.1% the prior month. Both Tracker measures for those not changing jobs and those changing jobs edged down as well. Those not changing jobs from 3.6% to 3.4% and those changing jobs from 5.0% to 4.7%.
On October 8, the #GDPNow# model nowcast of real GDP growth in Q3 2026 is 3.6%: #ATLFedResearch#
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#SmallBiz# owners: We are seeking responses to the #SmallBusinessCreditSurvey#, which generates reports throughout the year to provide insights to #policymakers#, service providers, and #lenders#. Set aside a few minutes to make your voice heard:
On October 6, the #GDPNow# model nowcast of real GDP growth in Q3 2026 is 3.7%: #ATLFedResearch#
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On October 1, the #GDPNow# model nowcast of real GDP growth in Q3 2026 is 3.7%: #ATLFedResearch#
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During the past month, both initial and continued unemployment claims activity remained steady. In the third week of reporting in September, there were fewer than 198,000 initial unemployment claims filed nationally on a seasonally adjusted basis. At 1.8 million claims, seasonally adjusted continued unemployment has remained virtually unchanged from a month earlier. Initial unemployment claim levels remain near historic lows.
While there is a broad-based slowing among some of the near-term measures of underlying PCE inflation, all the year-over-year measures on the dashboard are still elevated relative to the FOMC's price stability mandate.
On September 30, the #GDPNow# model nowcast of real GDP growth in Q3 2026 is 3.7%: #ATLFedResearch#
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Gaining employment in a booming employment sector can yield significant benefits over the course of a career—but not always. Examining worker data from a previous tech boom, a new Policy Hub: Macroblog post discusses outcomes that varied widely:
Developing algorithms for estimating high frequency principal components (PCs) for monthly macroeconomic data, the author finds that when suitably aggregated those PCs can closely approximate those calculated from monthly data even during a government shutdown:
On September 25, the #GDPNow# model nowcast of real GDP growth in Q3 2026 is 5.0%: #ATLFedResearch#
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Some firms will receive a windfall from tariff refunds. But what firms plan to do with this revenue varies widely among recipients. Examining recent survey data provides some clarity, and a new Policy Hub: Macroblog post scrutinizes the range of expectations: