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Q4 GDP Tracking: Around 1.5%

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From BofA: Overall, today’s data pushed up our 4Q US GDP tracking by one-tenth to 1.4% q/q saar. [Dec 5th estimate]
emphasis addedFrom Goldman: We left our Q4 GDP tracking estimate unchanged on net at +1.4% (qoq ar). [Dec 5th estimate]And from the Altanta Fed: GDPNowThe GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2022 is 2.8 percent on December 1, down from 4.3 percent on November 23. [Dec 1st estimate]

Housing December 5th Weekly Update: Inventory Decreased 2.6% Week-over-week

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