Friday, November 8, 2019

Early Q4 GDP Forecasts: 0.7% to 2.1%

From Goldman Sachs: [O]ur Q4 GDP tracking estimate declined by one-tenth to +2.1% (qoq ar), and we increased our past-quarter GDP tracking estimate for Q3 by one-tenth to +2.1% (qoq ar, compared to +1.9% as originally reported). [November 4 estimate]emphasis added From the NY Fed Nowcasting Report The New York Fed Staff Nowcast stands at […]

source https://thebtrader.com/2019/11/08/early-q4-gdp-forecasts-0-7-to-2-1/?utm_source=rss&utm_medium=rss&utm_campaign=early-q4-gdp-forecasts-0-7-to-2-1

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