HALISTER1: U.S. ECO PREVIEW: GDP Due in 5 Minutes

U.S. ECO PREVIEW: GDP Due in 5 Minutes

(Bloomberg) -- Following are forecasts for today’s U.S. economic releases as compiled by Bloomberg News:
  • GDP 2.1% q/q; range 1.7% to 2.6% (72 estimates)
  • PCE 2.6% q/q; range 2.2% to 2.9% (10 estimates)
  • GDP Price Index 2.1% q/q; range 2% to 2.2% (19 estimates)
  • Core PCE Prices 1.3% q/q; range 1.3% to 1.3% (5 estimates)
**"Minor upward revisions to net exports and inventories could reduce a drag to overall growth. However, the picture of only modest improvement in underlying momentum, as reflected in final sales to domestic purchasers, will remain intact": Bloomberg Intelligence
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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