Q4 GDP Forecasts: Up to 7%
https://ift.tt/3sjrCF5
From Goldman Sachs:
We boosted our Q4 GDP tracking estimate by 0.5pp to +7.0% (qoq ar), reflecting the further recovery in auto production and the sharp rise in housing starts in November. [December 16 estimate]
emphasis added
From BofA:
4Q GDP tracking moved up to 6.5% qoq saar from 6.0%, reflecting the strong signal from the BAC card spending data. [December 10 estimate]
And from the Altanta Fed: GDPNow
The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2021 is 7.2 percent on December 16, up from 7.0 percent on December 15. [December 16 estimate]
Financial Services
via Calculated Risk https://ift.tt/IiXOKI
December 17, 2021 at 10:12AM
