Latest News

Q3 GDP Tracking: Around 3%


From BofA: Overall, the data flow since our last report left our 3Q and 2Q US GDP tracking unchanged at 2.9% q/q saar and 2.3% q/q saar, respectively. [Sept 22nd estimate]
emphasis addedFrom Goldman: We left our Q3 GDP tracking estimate unchanged at +3.2% (qoq ar). [Sept 21st estimate]And from the Altanta Fed: GDPNowThe GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2023 is 4.9 percent on September 19, unchanged from September 14 after rounding. After recent releases from the US Census Bureau and the US Bureau of Labor Statistics, the nowcast of third-quarter real residential investment growth decreased from 6.8 percent to 6.3 percent, while the nowcast of the contribution of inventory investment to third-quarter real GDP growth decreased from 1.20 percentage points to 1.05 percentage points. [Sept 19th estimate]

LIFW Up 427.19% Since Last Wednesday Amid Class Action Lawsuit Dismissal.

Previous article

Morning Report: The US economy stagnates

Next article

You may also like


Leave a reply

Your email address will not be published.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

More in Latest News