Friday, August 16, 2019

Q3 GDP Forecasts: Around 2%

From Merrill Lynch: The data boosted our 3Q GDP tracking estimate by 0.4pp to 2.1% qoq saar. 2Q was unchanged at 1.8%. [Aug 15 estimate]emphasis added From Goldman Sachs: we left our Q3 GDP tracking estimate unchanged on a rounded basis at +2.1% (qoq ar). [Aug 16 estimate] From the NY Fed Nowcasting Report The […]

source https://thebtrader.com/2019/08/16/q3-gdp-forecasts-around-2/?utm_source=rss&utm_medium=rss&utm_campaign=q3-gdp-forecasts-around-2

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