by Calculated Risk on 11/26/2018 05:36:00 PM
Monday, November 26, 2018
From Merrill Lynch:
We look for 3Q GDP growth to be revised slightly lower to 3.4% qoq saar in the second release next week. We continue to track 2.7% for 4Q. [Nov 21 estimate].From Goldman Sachs:
[W]e lowered our Q4 GDP tracking estimate by one tenth to +2.4% (qoq ar) [Nov 21 estimate]And from the Altanta Fed: GDPNow
The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2018 is 2.5 percent on November 21 [Nov 21 estimate]From the NY Fed Nowcasting Report
The New York Fed Staff Nowcast for 2018:Q4 stands at 2.5%. [Nov 23 estimate]CR Note: These early estimates suggest GDP in the mid-2s for Q4. Based on these estimates for Q4, 2018 annual GDP would be around 2.9%, and Q4 over Q4 around 3.1%. In line with most forecasts at the beginning of the year.
Posted by Calculated Risk on 11/26/2018 05:36:00 PM