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Q4 GDP Forecasts: Around 5% to 6%

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by Calculated Risk on 11/12/2021 12:13:00 PM

From BofA:

Our 3Q GDP tracking estimate increased to 2.5% qoq saar from 2.1%, following positive inventory revisions. We remain at 6.0% for 4Q [November 12 estimate]
emphasis added

From Goldman Sachs

We boosted our past-quarter GDP tracking estimate for Q3 by one tenth to +2.2% (qoq ar) but left our Q4 GDP tracking estimate unchanged at +4.5% (qoq ar). [November 10 estimate]

And from the Altanta Fed: GDPNow

The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2021 is 8.2 percent on November 10, down from 8.5 percent on November 4. [November 10 estimate]

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