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Friday, May 14, 2021

Q2 GDP Forecasts: Around 10%

by Calculated Risk on 5/14/2021 12:03:00 PM

From Merrill Lynch:

We look for growth of 10.0% qoq saar in 2Q. [May 14 estimate]
emphasis added
From Goldman Sachs:
We left our Q2 GDP tracking estimate unchanged at +10.5% (qoq ar). [May 14 estimate]
From the NY Fed Nowcasting Report
The New York Fed Staff Nowcast stands at 4.9% for 2021:Q2. [May 14 estimate]
And from the Altanta Fed: GDPNow
The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2021 is 10.5 percent on May 14, down from 11.0 percent on May 7. [May 14 estimate]