by Calculated Risk on 8/17/2018 11:19:00 AM
Friday, August 17, 2018
Q3 GDP Forecasts
From Goldman Sachs:
We lowered our Q3 GDP tracking estimate by one tenth to +3.2% [Aug 16 estimate].From Merrill Lynch:
emphasis added
We nudged down 3Q GDP tracking by a tenth to 3.3%. [Aug 15 estimate].And from the Altanta Fed: GDPNow
The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2018 is 4.3 percent on August 16, unchanged from August 15 after rounding. [Aug 16 estimate]From the NY Fed Nowcasting Report
The New York Fed Staff Nowcast for 2018:Q3 stands at 2.4%. [Aug 17 estimate]CR Note: Since it is early, the range of estimates are wide. These estimates suggest real annualized GDP in the 2.4% to 4.3% range in Q3.