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Friday, November 19, 2021

Q4 GDP Forecasts: Around 5% to 6%

by Calculated Risk on 11/19/2021 11:18:00 AM

From BofA:

We continue to track 6% qoq saar for 4Q GDP growth. [November 19 estimate]
emphasis added
From Goldman Sachs
We left our Q4 GDP tracking estimate unchanged on a rounded basis at +5.0% (qoq ar). [November 17 estimate]
And from the Altanta Fed: GDPNow
The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2021 is 8.2 percent on November 17, down from 8.7 percent on November 16. [November 17 estimate]