Q4 GDP Forecasts: Mid-to-High 2s

And from the Altanta Fed: GDPNow The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2018 is 2.7 percent on December 21, down from 2.9 percent on December 18. The nowcast of fourth-quarter real personal consumption expenditures growth decreased from 4.1 percent to 3.7 percent after this morning's personal income and outlays release from the U.S. Bureau of Economic Analysis. [Dec 21 estimate] emphasis added From the NY Fed Nowcasting Report The New York Fed Staff Nowcast stands at 2.5% for 2018:Q4 and 2.1% for 2019:Q1. [Dec 21 estimate] CR......(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

from Around The Web http://bit.ly/2QH6JC6
via IFTTT