• Q3 GDP Forecasts

    5 days ago - By Calculated Risk

    It's early in the quarter, but here are a few forecasts:
    From Merrill Lynch:
    We continue to track 4.1% for 2Q GDP. Growth should ebb to a still-robust 3.4% in 3Q. .
    emphasis added And from the Altanta Fed: GDPNow
    The GDPNow model estimate for real GDP growth in the third quarter of 2018 is 4.3 percent on August 9, down from 4.4 percent on August 3. From the NY Fed Nowcasting Report
    The New York Fed Staff Nowcast for 2018:Q3 stands at 2.6%. CR Note: Since it is early, the range of estimates is wide. These estimates suggest real annualized GDP in the 2.6% to 4.3% range in Q3.
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