Early Q2 GDP Forecasts: 10%

From Goldman Sachs: We launched our Q2 GDP tracking estimate at +10.5% (qoq ar) . [Apr 30 estimate] emphasis added From the NY Fed Nowcasting Report The New York Fed Staff Nowcast stands at 5.3% for 2021:Q2 . [Apr 30 estimate] And from the Altanta Fed: GDPNow The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2021 is 10.4 percent on April 30. [Apr 30 estimate]…(read more)

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