From the Atlanta Fed GDPNow:
The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2014 was 3.5 percent on January 21, up from 3.4 percent on January 14. The uptick was due to a slight increase in the nowcast for fourth-quarter inventory investment after last Thursday's industrial production release from the Federal Reserve Board.From Merrill Lynch:
We are forecasting a 3.2% increase in real GDP in 4Q. We expect particularly strong consumer spending of 3.7% even with the disappointing December retail sales report.
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