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Wide Range

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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…

75 days ago

Q1 GDP Tracking: Wide Range

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…

82 days ago

Q1 GDP Tracking: Wide Range

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:…

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…

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