by Calculated Risk on 6/13/2025 11:11:00 AM
Friday, June 13, 2025
Q2 GDP Tracking
From BofA:
Since our last weekly publication, our 2Q GDP tracking is unchanged at 2.7% q/q saar and 1Q GDP is down one-tenth to -0.1% q/q saar. [June 13th estimate]From Goldman:
emphasis added
The details of the trade balance report indicated that April exports were stronger than our previous GDP tracking assumptions. We boosted our Q2 GDP tracking estimate by 0.4pp to +3.7% (quarter-over-quarter annualized) and left our Q2 domestic final sales estimate unchanged at -0.5%. [June 5th estimate]And from the Atlanta Fed: GDPNow
The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2025 is 3.8 percent on June 9, unchanged from June 5 after rounding. [June 9th estimate]