by Calculated Risk on 4/18/2025 08:30:00 AM
From BofA:
1Q GDP tracking increased three tenths to 0.7% q/q saar after the upward revisions to Jan and Feb core control retail sales. [Apr 17th estimate]
emphasis added
From Goldman:
We left our Q1 GDP tracking estimate unchanged at +0.4% (quarter-over-quarter annualized). [Apr 17th 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 -2.2 percent on April 17, unchanged from April 16 after rounding. The alternative model forecast, which adjusts for imports and exports of gold as described here, is -0.1 percent. After this morning’s housing starts report from the US Census Bureau, both the standard model’s and the alternative model’s nowcasts of first-quarter real residential fixed investment growth decreased from 3.7 percent to 2.9 percent. [Apr 17th estimate]
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