by Calculated Risk on 3/05/2021 02:32:00 PM
Friday, March 05, 2021
Q1 GDP Forecasts: Around 5.5% SAAR
From Merrrill Lynch:
We continue to track 5.5% for 1Q GDP tracking. [Mar 5 estimate]From Goldman Sachs:
emphasis added
We left our Q1 GDP tracking estimate unchanged at +5.5% (qoq ar). [Mar 5 estimate]From the NY Fed Nowcasting Report
The New York Fed Staff Nowcast stands at 8.6% for 2021:Q1 and 4.0% for 2021:Q2. [Mar 5 estimate]And from the Altanta Fed: GDPNow
The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2021 is 8.3 percent on March 5, down from 10.0 percent on March 1. [Mar 5 estimate]