Saturday, September 9, 2023 3:25 AM EST
GDPNow at 5.6% (SAAR), St. Louis Fed “news” nowcast, at -0.25%. Goldman Sachs and BofA at 3.1%…
(Click on image to enlarge)
Figure 1: GDP (bold black), Survey of Professional Forecasters median (tan), GDPNow (red square), Goldman Sachs, BofA (light green square), St. Louis Fed Economic News Index (pink triangle), NY Fed nowcast (light blue triangle), all in billions Ch.2012$ SAAR. Source: BEA 2023Q2 second release, Philadelphia Fed, Atlanta Fed, St. Louis Fed via FRED, NY Fed. [revised 3:17pm Pacific]
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