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Q2 GDP Forecasts


From Merrill Lynch:

We continue to track 3.8% qoq saar for 2Q. [July 13 estimate].
emphasis added

And from the Altanta Fed: GDPNow

The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2018 is 3.9 percent on July 11, up from 3.8 percent on July 6. [July 11 estimate]

From the NY Fed Nowcasting Report

The New York Fed Staff Nowcast stands at 2.8% for 2018:Q2 and 2.6% for 2018:Q3. [July 13 estimate]

CR Note: These estimates suggest real annualized GDP in the 2.8% to 3.9% range in Q2.
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