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Q4 GDP Tracking: Solid Q4

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by Calculated Risk on 1/13/2023 01:00:00 PM

From BofA:

Overall, our 4Q GDP tracking estimate moved from 1.5% q/q saar as of our last weekly publication to 2.6% q/q saar after our batch update [Jan 6th estimate]emphasis added

From Goldman:

We left our Q4 GDP tracking estimate unchanged at +2.6% (qoq ar). [Jan 10th estimate]

And from the Altanta Fed: GDPNow

The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2022 is 4.1 percent on January 10, up from 3.8 percent on January 5. [Jan 10th estimate]

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