Monday , December 9 2019
Home / Calculated Risk / Q4 GDP Forecasts: 0.4% to 1.9%

Q4 GDP Forecasts: 0.4% to 1.9%

Summary:
From Merrill Lynch: Our 3Q tracking edged down to 1.8% from 1.9%. 4Q tracking remains at 1.5%. [Nov 22 estimate]emphasis addedFrom Goldman Sachs: we left our Q4 GDP tracking estimate unchanged at +1.9% (qoq ar). [Nov 21 estimate]From the NY Fed Nowcasting ReportThe New York Fed Staff Nowcast stands at 0.7% for 2019:Q4. [Nov 22 estimate]And from the Altanta Fed: GDPNowThe GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2019 is 0.4 percent on November 19, up from 0.3 percent on November 15. [Nov 19 estimate]CR Note: These early estimates suggest real GDP growth will be between 0.4% and 1.9% annualized in Q4.

Topics:
Calculated Risk considers the following as important:

This could be interesting, too:

[email protected] (New Deal democrat) writes Scenes from the November jobs report

Tyler Durden writes Amazon Accuses Trump Of “Seeking To Harm Political Enemy Jeff Bezos” In Awarding JEDI Contract To MSFT

Chris Midgley writes The biggest challenges to decarbonization are still ahead

Tyler Durden writes Williams: “They’ve Effectively Lost Control Of The System”

From Merrill Lynch:
Our 3Q tracking edged down to 1.8% from 1.9%. 4Q tracking remains at 1.5%. [Nov 22 estimate]
emphasis added
From Goldman Sachs:
we left our Q4 GDP tracking estimate unchanged at +1.9% (qoq ar). [Nov 21 estimate]
From the NY Fed Nowcasting Report
The New York Fed Staff Nowcast stands at 0.7% for 2019:Q4. [Nov 22 estimate]
And from the Altanta Fed: GDPNow
The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2019 is 0.4 percent on November 19, up from 0.3 percent on November 15. [Nov 19 estimate]
CR Note: These early estimates suggest real GDP growth will be between 0.4% and 1.9% annualized in Q4.

Leave a Reply

Your email address will not be published. Required fields are marked *