Halister News

(Bloomberg) -- Following are forecasts for today’s economic releases as compiled by Bloomberg News.

• GDP 2.6% q/q; range 1.8% to 3.6% (79 estimates)
• PCE 2.1% q/q; range 1.8% to 3% (21 estimates)
• GDP Price Index 1.7% q/q; range 1.4% to 2.1% (30 estimates)
• Core PCE Prices 1.3% q/q; range 1% to 1.3% (15 estimates)
  • “There is greater uncertainty surrounding the initial print of 3Q GDP than would ordinarily be the case, as much of the key source data in the quarter was whipsawed by hurricane disruptions. This will impact most of the GDP subcategories, including household spending, business investment, housing, inventories and trade -- in addition to the price deflators”: Bloomberg Intelligence
  • In the second quarter, GDP expanded at a 3.1 percent annual rate, the strongest showing since the first quarter of 2015
• Bloomberg will live blog the U.S. GDP report as it is released. Follow the TOPLive blog HERE.

To contact the reporters on this story: Alex Tanzi in Washington at atanzi@bloomberg.net; Vincent Del Giudice in Denver at vdelgiudice@bloomberg.net To contact the editors responsible for this story: Alex Tanzi at atanzi@bloomberg.net Kristy Scheuble