Q1 GDP Forecasts: 1.0% to 2.7%

From Merrill Lynch GDP growth is likely to slow to 1.0% qoq saar in 1Q 2020 . [Jan 31 estimate] emphasis added From the NY Fed Nowcasting Report The New York Fed Staff Nowcast stands at 1.5% for 2020:Q1 [Jan 31 estimate] And from the Altanta Fed: GDPNow The initial GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2020 is 2.7 percent on January 31. [Jan 31 estimate] CR Note: These very early estimates suggest real GDP growth will be between 1.0% and 2.7% annualized in Q1....(read more)

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