by Calculated Risk on 12/13/2019 12:18:00 PM

From Merrill Lynch

The retail sales data nudged 3Q and 4Q GDP tracking a tenth lower to 2.1% and 1.5% qoq saar. [Dec 13 estimate]
emphasis added

From Goldman Sachs:

Following today’s data, we lowered our Q4 GDP tracking estimate by one tenth to +1.8% (qoq ar). [Dec 13 estimate]

From the NY Fed Nowcasting Report

The New York Fed Staff Nowcast stands at 0.7% for 2019:Q4 and 0.8% for 2020:Q1. [Dec 13 estimate]

And from the Altanta Fed: GDPNow

The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2019 is 2.0 percent on December 13, unchanged from December 6. [Dec 13 estimate]

CR Note: These estimates suggest real GDP growth will be between 0.7% and 2.0% annualized in Q4.