by Calculated Risk on 9/21/2018 03:25:00 PM
Friday, September 21, 2018
Q3 GDP Forecasts
From Merrill Lynch:
We are tracking robust 3.7% qoq saar growth for 3Q and 4.4% for 2Q. [Sept 21 estimate].And from the Altanta Fed: GDPNow
emphasis added
The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2018 is 4.4 percent on September 19, unchanged from September 14. [Sept 19 estimate]From the NY Fed Nowcasting Report
The New York Fed Staff Nowcast stands at 2.3% for 2018:Q3 and 2.7% for 2018:Q4. [Sept 21 estimate]CR Note: It looks like GDP will be in the 3s in Q3.