The high water mark reached 2.1% for the 2nd quarter
The Atlanta Fed's GDPNow estimate has seen a fall to 1.5% from 1.9% on June 26th.
In their own words.
The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2019 is 1.5 percent on June 28, down from 1.9 percent on June 26. After this morning's personal income and outlays release from the U.S. Bureau of Economic Analysis (BEA), the nowcast of second-quarter real personal consumption expenditures growth decreased from 3.9 percent to 3.7 percent. After yesterday's GDP release and this morning's release of the underlying detail tables of the national income and product accounts, both from the BEA, the nowcast of second-quarter real gross private domestic investment growth fell from -3.8 percent to -4.9 percent.
The next report will be on July 1
