Q4 GDP Tracking: 2.3% to 3.0% Range
From BofA: Since our last weekly publication, our 4Q GDP tracking estimate has moved up two-tenths to 2.3% q/q saar. [Jan 24th estimate]emphasis addedFrom Goldman: We left our Q4 GDP tracking and domestic final sales estimates unchanged, each at +2.6% (quarter-over-quarter annualized). [Jan 24th estimate]And from the Atlanta Fed: GDPNowThe GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2024 is 3.0 percent on January 17, unchanged from January 16 after rounding. [Jan 17th estimate]
Since our last weekly publication, our 4Q GDP tracking estimate has moved up two-tenths to 2.3% q/q saar. [Jan 24th estimate]From Goldman:
emphasis added
We left our Q4 GDP tracking and domestic final sales estimates unchanged, each at +2.6% (quarter-over-quarter annualized). [Jan 24th estimate]And from the Atlanta Fed: GDPNow
The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2024 is 3.0 percent on January 17, unchanged from January 16 after rounding. [Jan 17th estimate]