• Q4 GDP Forecasts

    10 days ago - By Calculated Risk

    From Merrill Lynch:
    We continue to track 3.7% for 3Q GDP and 2.8% for 4Q. .
    emphasis added And from the Altanta Fed: GDPNow
    The GDPNow model estimate for real GDP growth in the fourth quarter of 2018 is 2.9 percent on November 9, unchanged from November 2. The nowcast of the contribution of inventory investment to fourth-quarter real GDP growth inched down from -0.05 percentage points to -0.08 percentage points after this morning's Producer Price Index release from the U.S. Bureau of Labor Statistics and this morning's wholesale trade report from the U.S. Census Bureau. From the NY Fed...
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