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Nowcast 3rd Quarter GDP Estimate 2%, GDPNow 3.7%

mishtalk.com / Mike “Mish” Shedlock / August 4, 2017

We have two revisions coming for second-quarter GDP estimates even as time rolls on. The third-quarter is already a month over. GDPNow has its first estimate, a whopping 3.7%. The GDPNow estimate is 1.7 percentage points higher than Nowcast.

GDPNow Latest Forecast: 3.7 Percent — August 4, 2017

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