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Wide Range

since

auto-detected in 58 stories

8 months ago

There will be additional trade related distortions in Q2 boosting GDP.

From BofA:
Since our last weekly publication, our 2Q GDP tracking is down one-tenth to +2.5% q/q saar. [June 27th estimate]
emph…
There will be some trade related distortions in Q2.

From BofA:
Overall, 2Q GDP tracking is down from 2.7% q/q saar to 2.6%. [June 17th estimate]
emphasis added
From Goldman:
We lowered our Q2 GDP trac…
From BofA:
Since our last weekly publication, our 2Q GDP tracking is down two-tenths to +1.8% q/q saar. [May 30th estimate]
emphasis added
From Goldman:
The goods trade deficit narrowed by more than e…

9 months ago

From BofA (forecast, not tracking):
GDP contracted by 0.3% q.q saar in 1Q, despite solid final demand (+2.3%). In our assessment, the surge in imports (which took 5.0pp off 1Q growth) due to front-r…

11 months ago

NOTE: An update to the gold adjusted GDPNow will be released on March 26th. Based on the previous adjustment, it appears GDPNow (adjusted) is slightly positive for Q1. (For more on the gold adjustme…
From BofA:
Our 1Q GDP tracking remains unchanged at 1.9% q/q saar and our 4Q GDP tracking is down two tenths to 2.3% q/q saar since our last weekly publication. [Mar 14th]
emphasis added
From Goldman:…
On Friday, I noted: Q1 GDP Tracking: Wide Range, GDPNow Goes Negative

GDPNow from the Atlanta Fed went strongly negative in the most recent reading: "The GDPNow model estimate for real GDP growth (se…
From BofA:
The second print of 4Q GDP came in at 2.3% q/q saar, unchanged from the advance print and a tenth higher than our tracking estimate. Meanwhile, our 1Q GDP tracking is unchanged at 2.3% q/q…

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