From Merrill Lynch The retail sales data nudged 3Q and 4Q GDP tracking a tenth lower to 2.1% and 1.5% qoq saar. [Dec 13 estimate]emphasis added From the NY Fed Nowcasting Report The New York Fed Staff Nowcast stands at 0.7% for 2019:Q4 and 0.8% for 2020:Q1. [Dec 13 estimate] And from the Altanta Fed: […]
source https://thebtrader.com/2019/12/13/q4-gdp-forecasts-0-7-to-2-0/?utm_source=rss&utm_medium=rss&utm_campaign=q4-gdp-forecasts-0-7-to-2-0
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