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. (RELATED: ‘The Economy Is On Fire!’: Kevin O’Leary Drops Fact Check On CNN Panelists Railing Against Trump’s Economy)
WEST MIFFLIN, PENNSYLVANIA – MAY 30: President Donald Trump speaks to supporters during a rally at the US Steel-Irvin Works on May 30, 2025 in West Mifflin, Pennsylvania. President Trump visits the steel factory after greenlighting the long-proposed merger between U.S. Steel and Tokyo-based Nippon Steel. (Photo by Jeff Swensen/Getty Images)
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. (RELATED: Dem Claim That Trump Tariffs Would Cause Prices To ‘Soar’ Crumbles Due To Positive Economic News)
Trump has vowed to introduce economic policies to boost America’s economy during his second presidency, promising to “rebuild the economy and restore national and economic security.”
All content created by the Daily Caller News Foundation, an independent and nonpartisan newswire service, is available without charge to any legitimate news publisher that can provide a large audience. All republished articles must include our logo, our reporter’s byline and their DCNF affiliation. For any questions about our guidelines or partnering with us, please contact licensing@dailycallernewsfoundation.org.