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Nowcast for Real Gross Government Investment: State and Local Government (SLGOVNOW)

Observations

Q2 2026: 1.5192
Updated: May 14, 2026 11:02 AM CDT
Q2 2026:  1.5192  
Q1 2026:  1.5418  
Q4 2025:  1.7438  
Q3 2025:  1.8150  
Q2 2025:  2.5060  

Units:

Percent Change at Annual Rate,
Seasonally Adjusted Annual Rate

Frequency:

Quarterly

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Notes

Title Release Dates
Nowcast for Real Gross Government Investment: State and Local Government 2016-05-17 2026-05-14
 
Source    
Federal Reserve Bank of Atlanta 2016-05-17 2026-05-14
 
Release    
GDPNow 2016-05-17 2026-05-14
 
Units    
Percent Change at Annual Rate 2016-05-17 2026-05-14
 
Frequency    
Quarterly 2016-05-17 2026-05-14
 
Seasonal Adjustment    
Seasonally Adjusted Annual Rate 2016-05-17 2026-05-14
 
Notes    
The Nowcast for Real Gross Government Investment: State and Local Government uses a nowcasting model to synthesize the bridge equation approach relating GDP subcomponents to monthly source data with factor model and Bayesian vector autoregression approaches.

The Federal Reserve Bank of Atlanta’s GDPNow release complements the quarterly GDP release from the Bureau of Economic Analysis (BEA). The Atlanta Fed recalculates and updates their GDPNow forecasts (called “nowcasts”) throughout the quarter as new data are released, up until the BEA releases its “advance estimate” of GDP for that quarter. The St. Louis Fed constructs a quarterly time series for this dataset, in which both historical and current observations values are combined. In general, the most-current observation is revised multiple times throughout the quarter. The final forecasted value (before the BEA’s release of the advance estimate of GDP) is the static, historical value for that quarter.

For futher information visit the source at https://www.frbatlanta.org/cqer/research/gdpnow.aspx?panel=1.

2016-05-17 2026-05-14

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Nowcast Atlanta Fed State & Local Projection Gross Investment Government Real Rate Quarterly Seasonally Adjusted Copyrighted: Citation Required Nation United States of America