bee Calculated Risk On 2/14/2025 01:52:00 PM
From Bofa:
NEXT WEEK, WE WILL INITIATE OUR 1Q GDP Tracker … [Feb 14th]
Emphasis added
From Goldman:
Following this Morning’s Retail Sales and Industrial Production Reports, We Lowered Our Q1 GDP Tracking Estimate at 0.3pp to +2.0% (Quarter-Over-Quarter Annualized) and our Q1 domestic final sales forecast at 0.1pp to +2.2%. We Lowered Our Q4 Past Quarter Tracking Estimate at 0.1pp to +2.1% [Feb 14th estimate]
And from the Atlanta Fed: Gdpnow
The gdpnow model estimate for Real GDP Growth (Seasonally Adjusted Annual Rate) in the First Quarter of 2025 is 2.3 percent on February 14, down from 2.9 PERCENT ON FEBRUARY 7. After recent releases from the US census Bureau, the US Bureau of Labor Statistics, and the Federal Reserve Board of Governors, the Nowcasts of First-Quarter Real Personal Consumption Expenditures Growth and Real Grossth and Real Gross Private Domestic Investment Growth Fell from 2.8 percent and 6.2 percent, respectively, to 2.3 percent and 4.9 percent. [Feb 14th estimate]