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Q3 GDP Forecasts: Just Over 1%


From BofA: Our 3Q US GDP tracking estimate rose to 1.3% q/q seasonally adjusted annualized rate (SAAR), up from from 0.5% q/q saar last wee [September 2nd estimate]
emphasis addedFrom Goldman: [D]ata on employment, auto sales, and factory orders caused our US 3Q GDP tracking estimate to fall by two-tenths, to 1.1% q/q saar, from 1.3% previously. [September 2nd estimate]And from the Altanta Fed: GDPNowThe GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2022 is 2.6 percent on September 1, up from 1.6 percent on August 26. [September 1st estimate]

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