Q1 GDP Forecasts: 0.7% to 2.6%

From Merrill Lynch: We are tracking 0.7% qoq saar for 1Q GDP and 2.0% for 4Q. [Feb 21 estimate] emphasis added From Goldman Sachs: we raised our Q1 GDP tracking estimate by one tenth to +1.5% . [Feb 19 estimate] From the NY Fed Nowcasting Report The New York Fed Staff Nowcast stands at 2.0% for 2020:Q1 . News from this week's data increased the nowcast for 2020:Q1 by 0.6 percentage point. Positive surprises from regional survey and housing data drove most of the increase. [Feb 21 estimate] And from the Altanta Fed: GDPNow The GDPNow model estimate for real GDP growth (seasonally adjusted......(read more)

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