• Q3 GDP Forecasts

    15 days ago - By Calculated Risk

    From Goldman Sachs:
    We boosted our Q3 GDP tracking estimate by two tenths to +3.2%. .
    emphasis added From Merrill Lynch:
    July construction data disappointed, edging down our 3Q GDP tracker by 0.1pp to 3.2%. Meanwhile, positive data revisions lifted 2Q GDP tracking to 4.4% from 4.2%.. 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 5, down from 4.7 percent on September 4. 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...
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