Atlas Analytics Q3 GDP Forecast Within .1 Percentage Points of Official Release

On September 27, Atlas Analytics predicted 2.7%; today the BEA released GDP at 2.8%.

This morning, the Bureau of Economic Analysis (BEA) released the first estimate of 3Q24 GDP for the U.S. The official statistic was 2.8%.

Atlas Analytics released our forecast for Q3 on September 27. Utilizing satellite imagery, AI, and machine learning, we predicted 2.7%. 

Atlas Analytics’ algorithm is accurate and real time, and the official GDP figure was within 10 basis points of our forecast which we predicted over a month ago. Subscribe to our Client Portal to access our proprietary, real-time GDP forecasts with data already available for Q4 2024.

This official statistic could still be revised and we’ll continue to keep you updated if this happens.