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Q4 GDP Forecasts: Mid 2s


From Goldman Sachs:

We also lowered our Q4 GDP tracking estimate by one tenth to +2.6% (qoq ar). [Dec 28 estimate)

From the NY Fed Nowcasting Report

The New York Fed Staff Nowcast stands at 2.5% for 2018:Q4 and 2.1% for 2019:Q1. [Dec 28 estimate]
emphasis added

And from the Altanta Fed: GDPNow

The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2018 is 2.7 percent on December 21, down from 2.9 percent on December 18 [Dec 21 estimate]

CR Note: These estimates suggest GDP in the mid-2s for Q4.
Calculated Risk


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