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Q3 GDP Tracking


From BofA (last week estimate): Altogether, this decreased our 2Q GDP tracking estimate by one-tenth to 2.4% q/q saar (seasonally adjusted annual rate) and increased it by a one-tenth for 3Q to 2.8% q/q saar [Aug 24th estimate]
emphasis addedFrom Goldman: We boosted our Q3 GDP tracking estimate by one tenth to +2.9% (qoq ar) and our Q3 domestic final sales growth forecast by the same amount to +2.8%. [Sept 1st 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 5.6 percent on September 1, unchanged from August 31 after rounding. [Sept 1st estimate]

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