The Federal Reserve Bank of Cleveland provides daily “nowcasts” of inflation for two popular price indexes, the price index for personal consumption expenditures (PCE) and the Consumer Price Index (CPI). These nowcasts give a sense of where inflation is today. Released each business day.

Graph and download economic data for Nowcast for Real Personal Consumption Expenditures (PCENOW) from Q3 2011 to Q2 2025 about nowcast, projection, PCE, consumption expenditures, consumption, personal, real, rate, and USA.

Graph and download economic data for Nowcast for Real Imports of Goods and Services (IMPORTSNOW) from Q3 2011 to Q2 2025 about nowcast, projection, imports, goods, services, real, rate, and USA.

Graph and download economic data for St. Louis Fed Economic News Index: Real GDP Nowcast from Q2 2013 to Q2 2025 about nowcast, projection, real, GDP, rate, indexes, and USA.

United States - St. Louis Fed Economic News Index: Real GDP Nowcast was 1.59000 % Chg. at Annual Rate in April of 2025, according to the United States Federal Reserve. Historically, United States - St. Louis Fed Economic News Index: Real GDP Nowcast reached a record high of 19.45000 in July of 2020 and a record low of -31.28000 in April of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - St. Louis Fed Economic News Index: Real GDP Nowcast - last updated from the United States Federal Reserve on July of 2025.

United States FRB Cleveland Forecast: Inflation Nowcast: Core Consumer Price Index (CPI): sa: MoM data was reported at 0.185 % in Dec 2018. This records an increase from the previous number of 0.178 % for Nov 2018. United States FRB Cleveland Forecast: Inflation Nowcast: Core Consumer Price Index (CPI): sa: MoM data is updated monthly, averaging 0.153 % from Aug 2013 (Median) to Dec 2018, with 65 observations. The data reached an all-time high of 0.193 % in Mar 2016 and a record low of 0.129 % in Mar 2014. United States FRB Cleveland Forecast: Inflation Nowcast: Core Consumer Price Index (CPI): sa: MoM data remains active status in CEIC and is reported by Federal Reserve Bank of Cleveland. The data is categorized under Global Database’s United States – Table US.I007: Consumer Price Index: Urban: sa: Forecast: Federal Reserve Bank of Cleveland.

Graph and download economic data for GDPNow (GDPNOW) from Q3 2011 to Q2 2025 about nowcast, projection, headline figure, GDP, rate, and USA.

St. Louis Fed Real GDP Nowcast: 12 years of historical data from 2013 to 2025.

Content

St. Louis Fed’s Economic News Index (ENI) uses economic content from key monthly economic data releases to forecast the growth of real GDP during that quarter. 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 more information, see Grover, Sean P.; Kliesen, Kevin L.; and McCracken, Michael W. “A Macroeconomic News Index for Constructing Nowcasts of U.S. Real Gross Domestic Product Growth" (https://research.stlouisfed.org/publications/review/2016/12/05/a-macroeconomic-news-index-for-constructing-nowcasts-of-u-s-real-gross-domestic-product-growth/ )

Context

This is a dataset from the Federal Reserve Bank of St. Louis hosted by the Federal Reserve Economic Database (FRED). FRED has a data platform found here and they update their information according to the frequency that the data updates. Explore the Federal Reserve Bank of St. Louis using Kaggle and all of the data sources available through the St. Louis Fed organization page!

• Update Frequency: This dataset is updated daily.

• Observation Start: 2013-04-01

• Observation End : 2019-10-01

Acknowledgements

This dataset is maintained using FRED's API and Kaggle's API.

Cover photo by Ferdinand Stöhr on Unsplash
Unsplash Images are distributed under a unique Unsplash License.

United States FRB Cleveland Forecast: Inflation Nowcast: Consumer Price Index (CPI): YoY data was reported at 2.291 % in Nov 2018. This records a decrease from the previous number of 2.484 % for Oct 2018. United States FRB Cleveland Forecast: Inflation Nowcast: Consumer Price Index (CPI): YoY data is updated monthly, averaging 1.597 % from Aug 2013 (Median) to Nov 2018, with 64 observations. The data reached an all-time high of 2.935 % in Jul 2018 and a record low of -0.184 % in Apr 2015. United States FRB Cleveland Forecast: Inflation Nowcast: Consumer Price Index (CPI): YoY data remains active status in CEIC and is reported by Federal Reserve Bank of Cleveland. The data is categorized under Global Database’s United States – Table US.I003: Consumer Price Index: Urban: Forecast: Federal Reserve Bank of Cleveland.

The Nowcast for Real Personal Consumption Expenditures 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.

United States - Nowcast for Real Change of Inventory Investment was -31.51920 Bil. of Chn. 2009 $ in April of 2025, according to the United States Federal Reserve. Historically, United States - Nowcast for Real Change of Inventory Investment reached a record high of 228.27810 in July of 2020 and a record low of -130.67750 in April of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Nowcast for Real Change of Inventory Investment - last updated from the United States Federal Reserve on July of 2025.

United States FRB Cleveland Forecast: Inflation Nowcast: Consumer Price Index (CPI): sa: MoM data was reported at 0.154 % in Nov 2018. This records a decrease from the previous number of 0.291 % for Oct 2018. United States FRB Cleveland Forecast: Inflation Nowcast: Consumer Price Index (CPI): sa: MoM data is updated monthly, averaging 0.147 % from Aug 2013 (Median) to Nov 2018, with 64 observations. The data reached an all-time high of 0.572 % in Sep 2017 and a record low of -0.686 % in Jan 2015. United States FRB Cleveland Forecast: Inflation Nowcast: Consumer Price Index (CPI): sa: MoM data remains active status in CEIC and is reported by Federal Reserve Bank of Cleveland. The data is categorized under Global Database’s USA – Table US.I007: Consumer Price Index: Urban: sa: Forecast: Federal Reserve Bank of Cleveland.

Graph and download economic data for Nowcast for Real Gross Government Investment: Federal Government (FEDGOVNOW) from Q2 2012 to Q2 2025 about nowcast, projection, investment, gross, federal, government, real, rate, and USA.

United States - Nowcast for Real Personal Consumption Expenditures: Goods was 2.97540 % Chg. at Annual Rate in April of 2025, according to the United States Federal Reserve. Historically, United States - Nowcast for Real Personal Consumption Expenditures: Goods reached a record high of 44.20530 in July of 2020 and a record low of -16.00460 in April of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Nowcast for Real Personal Consumption Expenditures: Goods - last updated from the United States Federal Reserve on June of 2025.

United States Unemployment Rate Nowcast: sa: Contribution: Balance Sheet: Federal Reserve Banks (FRB): Total Assets data was reported at 0.000 % in 12 May 2025. This stayed constant from the previous number of 0.000 % for 05 May 2025. United States Unemployment Rate Nowcast: sa: Contribution: Balance Sheet: Federal Reserve Banks (FRB): Total Assets data is updated weekly, averaging 0.334 % from Jan 2020 (Median) to 12 May 2025, with 279 observations. The data reached an all-time high of 21.866 % in 31 Aug 2020 and a record low of 0.000 % in 12 May 2025. United States Unemployment Rate Nowcast: sa: Contribution: Balance Sheet: Federal Reserve Banks (FRB): Total Assets data remains active status in CEIC and is reported by CEIC Data. The data is categorized under Global Database’s United States – Table US.CEIC.NC: CEIC Nowcast: Unemployment Rate.

Japan Exports Nowcast: YoY: Contribution: Banking Statistics: Federal Reserve Banks (FRB): Factors Supplying Reserve Funds (RF) data was reported at 2.174 % in 12 May 2025. This records an increase from the previous number of 1.662 % for 05 May 2025. Japan Exports Nowcast: YoY: Contribution: Banking Statistics: Federal Reserve Banks (FRB): Factors Supplying Reserve Funds (RF) data is updated weekly, averaging 0.481 % from Mar 2020 (Median) to 12 May 2025, with 271 observations. The data reached an all-time high of 31.939 % in 13 Sep 2021 and a record low of 0.000 % in 17 Mar 2025. Japan Exports Nowcast: YoY: Contribution: Banking Statistics: Federal Reserve Banks (FRB): Factors Supplying Reserve Funds (RF) data remains active status in CEIC and is reported by CEIC Data. The data is categorized under Global Database’s Japan – Table JP.CEIC.NC: CEIC Nowcast: Exports.

We use the yield curve to predict future GDP growth and recession probabilities. The spread between short- and long-term rates typically correlates with economic growth. Predications are calculated using a model developed by the Federal Reserve Bank of Cleveland. Released monthly.

Graph and download economic data for Nowcast for Real Exports of Goods and Services (EXPORTSNOW) from Q3 2011 to Q2 2025 about nowcast, projection, exports, goods, services, real, rate, and USA.

United States - Nowcast for Real Imports of Services was 4.59940 % Chg. at Annual Rate in April of 2025, according to the United States Federal Reserve. Historically, United States - Nowcast for Real Imports of Services reached a record high of 44.07020 in July of 2021 and a record low of -59.39540 in April of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Nowcast for Real Imports of Services - last updated from the United States Federal Reserve on June of 2025.