bee Calculated Risk On 2/21/2025 02:06:00 PM
From Bofa:
We initiated our 1Q US GDP Tracker with the January Retail Sales Print on February 14. Since Then, Our 1Q GDP Tracker is Down Two-Tenths to 2.3% Q/Q Saar from our official forecast or 2.5% q/q saar. Meanwhile, our 4Q gdp tracking is down two-tenths to 2.2% q/q Saar since our last weekly publication. [Feb 21st]
Emphasis added
From Goldman:
[W]e Lowered our Q1 GDP Tracking Estimate at 0.1pp to +1.9% (Quarter-Over-Quarter Annualized) and our Q1 domestic final sales estimate at 0.1pp to +2.1%. We left our Q4 Past Quarter Tracking Estimate Unchanged at +2.1%. [Feb 19th estimate]
And from the Atlanta Fed: Gdpnow
[T]He gdpnow model estimate for Real GDP Growth (Seasonally Adjusted Annual Rate) in the First Quarter of 2025 is 2.3 percent on February 19unchanged from February 14 after rounding. [Feb 19th estimate]