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![neilksethi Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::2252413050.png) Neil Sethi [@neilksethi](/creator/twitter/neilksethi) on x 12.5K followers
Created: 2025-07-18 14:15:40 UTC

2Q GDP estimate from the Atlanta Fed (whose GDP tracker was right in line in its 3Q & 4Q ‘24 first est’s of GDP (and just a tenth off for 2Q), but who was -XXX% too low for 1Q ‘25) edges down slightly to 2.36%, the least since May 27th, with a minor adjustment lower to residential investment as despite the beat on total starts, the more economically impactful single-family starts fell more than expected:

“the nowcast of second-quarter real residential investment growth decreased from -XXX percent to -XXX percent

Here's the new makeup of the GDP contributions (and changes from the last release July17th):

Net exports = +3.31% (unch)

Consumption = +1.01% (unch)

Gov't = +0.37% (unch)

Nonresidential fixed investment (biz spending) = +0.10% (unch)

Residential investment = -XXXX% (-0.03%)

Inventories = -XXXX% (unch)



![](https://pbs.twimg.com/media/GwJVt43WUAAsyPH.png)

XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1946212277969100816/c:line.svg)

**Related Topics**
[investment](/topic/investment)
[fed](/topic/fed)
[gdp](/topic/gdp)

[Post Link](https://x.com/neilksethi/status/1946212277969100816)