Title:               Nowcast for Real Change of Inventory Investment
Series ID:           CHNGNETINVENTNOW
Source:              Federal Reserve Bank of Atlanta
Release:             GDPNow
Seasonal Adjustment: Seasonally Adjusted Annual Rate
Frequency:           Quarterly
Units:               Billions of Chained 2012 Dollars
Date Range:          2011-07-01 to 2023-10-01
Last Updated:        2023-12-06 9:01 AM CST
Notes:               The Nowcast for Real Change of Inventory Investment 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.

DATE            VALUE
2011-07-01    -4.6170
2011-10-01    54.8802
2012-01-01    14.8688
2012-04-01     5.6200
2012-07-01   -27.1450
2012-10-01   -40.8275
2013-01-01    26.4900
2013-04-01     6.0000
2013-07-01     3.5300
2013-10-01   -14.8400
2014-01-01   -33.0100
2014-04-01     5.9852
2014-07-01   -14.8197
2014-10-01     7.6721
2015-01-01    -2.0376
2015-04-01   -11.2415
2015-07-01   -77.3688
2015-10-01   -26.5193
2016-01-01   -25.0733
2016-04-01   -32.5698
2016-07-01     1.1079
2016-10-01    39.5653
2017-01-01   -47.1423
2017-04-01    34.4989
2017-07-01    42.9802
2017-10-01   -18.2230
2018-01-01    35.2401
2018-04-01    -4.2625
2018-07-01   104.6107
2018-10-01     5.9770
2019-01-01    20.3316
2019-04-01   -56.8813
2019-07-01    -7.4437
2019-10-01   -21.2359
2020-01-01   -36.8782
2020-04-01  -130.6775
2020-07-01   228.2781
2020-10-01   121.3389
2021-01-01   -72.5057
2021-04-01   -27.7893
2021-07-01   101.5388
2021-10-01   225.9559
2022-01-01   -27.4076
2022-04-01  -114.1948
2022-07-01     2.2605
2022-10-01    76.2900
2023-01-01   -87.1168
2023-04-01    30.5928
2023-07-01    36.2047
2023-10-01   -33.7380