Friday, November 02, 2018

Q4 GDP Forecasts

by Calculated Risk on 11/02/2018 06:31:00 PM

From Goldman Sachs:

Q4 2.6% (qoq ar). [Oct 29 estimate].
emphasis added
From Merrill Lynch:
[W]e revise down 4Q GDP to 2.8% from 3.0% [Nov 2 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 2.9 percent on November 2, down from 3.0 percent on November 1. [Nov 2 estimate]
From the NY Fed Nowcasting Report
The New York Fed Staff Nowcast for 2018:Q4 stands at 2.6%. [Nov 2 estimate]
CR Note: These early estimates suggest GDP in the high 2s for Q4.