by Calculated Risk on 1/05/2024 02:30:00 PM
Friday, January 05, 2024
Q4 GDP Tracking: 1.4% to 2.5%
From Goldman:
Following today’s data, we left our Q4 GDP tracking estimate unchanged at +1.4% (qoq ar) and our Q4 domestic final sales growth forecast unchanged at +2.2% (qoq ar). [Jan 5th estimate]And from the Altanta Fed: GDPNow
emphasis added
The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2023 is 2.5 percent on January 3, up from 2.0 percent on January 2. [Jan 3rd estimate]