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US Census Bureau

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5 days ago

Q2 GDP Tracking: Wide Range due to Trade "Distortions"

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…

33 days ago

Q2 GDP Tracking: Back to Growth, Wide Range

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…

40 days ago

54 days ago

89 days ago

Q1 GDP Tracking: Mid-to-High 1% Range

Special Note: There was a surge in gold imports in January. There is a time lag for when the imported gold will show up in inventories. GDPNow will correct for this once the gold is included as an …

3 months ago

Q1 GDP Tracking: Wide Range, GDPNow Goes Negative

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…

4 months ago

5 months ago

Q4 GDP Tracking: 2.1% to 3.3% Range

From BofA:
Since our last weekly publication, our 3Q GDP tracking estimate has moved up a tenth to 2.9% q/q saar from the second official print of 2.8% q/q saar. Additionally, we initiated our 4Q US …

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