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Thursday, April 18, 2024

GDP Estimates: Mish, ZeroHedge, GDPNow, Econoday, Nowcast, Markit

Courtesy of Mish.

Inventory numbers today suggest a far bigger inventory contribution to GDP than I expected even last week. However, given poor retail sales,

The BEA will post its first (advance) estimate of second-quarter GDP tomorrow. Let’s take a look at 6 predictions of what might happen.

GDPNow: 2.8% July 27

GDPNow Link

Econoday: 2.6% July 27

Econoday Link

Markit: 2.0% July 24


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