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Friday, June 10, 2022

Q2 GDP Forecasts: Close to 3.0%

by Calculated Risk on 6/10/2022 02:29:00 PM

From BofA:

We revised down our 2Q qoq saar growth from 3.0% to 2.5%. [June 10 estimate]
emphasis added
From Goldman:
We left our Q2 GDP tracking estimate unchanged at +3.0% (qoq ar). [June 7 estimate]
And from the Altanta Fed: GDPNow
The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2022 is 0.9 percent on June 8, unchanged from June 7 after rounding. [June 8 estimate]