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Q4 GDP Forecasts: Up to 7%

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by Calculated Risk on 12/17/2021 10:01:00 AM

From Goldman Sachs:

We boosted our Q4 GDP tracking estimate by 0.5pp to +7.0% (qoq ar), reflecting the further recovery in auto production and the sharp rise in housing starts in November. [December 16 estimate]
emphasis added

From BofA:

4Q GDP tracking moved up to 6.5% qoq saar from 6.0%, reflecting the strong signal from the BAC card spending data. [December 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 7.2 percent on December 16, up from 7.0 percent on December 15. [December 16 estimate]

4th Look at Local Housing Markets in November

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