Friday, January 3, 2020

Q4 GDP Forecasts: 1.1% to 2.3%

From Merrill Lynch 4Q tracking rose to 2.0% qoq saar, boosted by trade and inventories data. [Jan 3 estimate]emphasis added From the NY Fed Nowcasting Report The New York Fed Staff Nowcast stands at 1.1% for 2019:Q4 and 1.0% for 2020:Q1. [Jan 3 estimate] And from the Altanta Fed: GDPNow The GDPNow model estimate for […]

source https://thebtrader.com/2020/01/03/q4-gdp-forecasts-1-1-to-2-3/?utm_source=rss&utm_medium=rss&utm_campaign=q4-gdp-forecasts-1-1-to-2-3

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