Friday, February 26, 2021

Q1 GDP Forecasts

by Calculated Risk on 2/26/2021 11:20:00 AM

From Merrrill Lynch:

Our 1Q GDP tracking estimate held at 5.5% [Feb 26 estimate]
emphasis added
From Goldman Sachs:
We left our Q1 GDP tracking estimate unchanged at +6.0% (qoq ar). [Feb 25 estimate]
From the NY Fed Nowcasting Report
he New York Fed Staff Nowcast stands at 8.7% for 2021:Q1. [Feb 26 estimate]
And from the Altanta Fed: GDPNow
The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2021 is 8.8 percent on February 26, down from 9.6 percent on February 25. [Feb 26 estimate]