• Q3 GDP Forecasts

    11 days ago - By Calculated Risk

    From Merrill Lynch:
    3Q GDP tracking received a 0.5pp boost from this morning's data, leaving us at 3.7%. 2Q remains at 4.4%. .
    emphasis added And from the Altanta Fed: GDPNow
    The GDPNow model estimate for real GDP growth in the third quarter of 2018 is 4.4 percent on September 14, up from 3.8 percent on September 11. From the NY Fed Nowcasting Report
    The New York Fed Staff Nowcast stands at 2.2% for 2018:Q3 and 2.8% for 2018:Q4. CR Note: It looks like GDP will be in the 3s in Q3.
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