Thursday, April 25, 2019

Friday: Q1 GDP

by Calculated Risk on 4/25/2019 08:25:00 PM

From Goldman Sachs today on Q1 GDP:

We boosted our Q1 GDP forecast by two tenths to +2.6% (qoq ar) ahead of tomorrow’s advance release, reflecting the firm pace of durable inventory growth and the surprising rebound in commercial aircraft shipments in March.
emphasis added
Friday:
• At 8:30 AM ET, Gross Domestic Product, 1st quarter 2019 (Advance estimate). The consensus is that real GDP increased 2.0% annualized in Q1, down from 2.2% in Q4.

• At 10:00 AM, University of Michigan's Consumer sentiment index (Final for April). The consensus is for a reading of 97.1.