by Calculated Risk on 5/23/2025 02:00:00 PM
From BofA:
Since our last weekly publication, our 2Q and 1Q GDP tracking are down two-tenths each
to +2.0% q/q saar and -0.5% q/q saar, respectively. [May 23rd estimate]
emphasis added
From Goldman:
We left our Q2 GDP tracking estimate unchanged at +2.1% (quarter-over-quarter annualized) and our Q2 domestic final sales forecast unchanged at 0%. We left our past-quarter tracking estimate unchanged at -0.5%. [May 23rd estimate]
And from the Atlanta Fed: GDPNow
The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2025 is 2.4 percent on May 16, down from 2.5 percent on May 15. After this morning’s housing starts report from the US Census Bureau and the release of import and export price indexes from the US Bureau of Labor Statistics, the nowcast of second-quarter real residential fixed investment growth decreased from 0.4 percent to -3.0 percent. [May 16th estimate] (Next update on May 27th)
