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Nowcasts, Weekly Indicators, and Additions to the US “Recession Camp”
Nowcasts for NY and St. Louis Feds out today; St. Louis up from 1.14% to 1.73% q/q AR. NY Fed, and GS tracking unchanged at 3.2%. chart Figure 1: GDP (bold black), Summary of Economic Projections median iterated off of 3rd release (inverted light green triangle), GDPNow as of 10/9 (light blue square), NY Fed nowcast as of 10/11 (red triangles), St Louis Fed news nowcast as of 10/11 (pink x), Goldman Sachs tracking as of 10/9 (green +), FT-Booth as of 9/14 iterated off of 3rd release (blue square), all in bn.Ch.2017$ SAAR. Levels calculated by iterating growth rate on levels of GDP, except for Survey of Professional ... (full story)
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- Posted: Oct 12, 2024 10:00am
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 4,647
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