Q3 GDP Forecasts

Q3 GDP Forecasts



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%. [Sept 14 estimate].
emphasis added

And from the Altanta Fed: GDPNow

The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2018 is 4.4 percent on September 14, up from 3.8 percent on September 11. [Sept 14 estimate]

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. [Sept 14 estimate]

CR Note: It looks like GDP will be in the 3s in Q3.



Source link

Facebook Comments

Leave a Reply

Your email address will not be published. Required fields are marked *