Since our last weekly publication, our 4Q GDP tracking estimate has moved down three
tenths to 1.8% q/q saar. The final estimate of 3Q GDP came in at 3.1% q/q saar, close to
our tracking of 3.0%. [Jan 10th estimate]
emphasis added
From Goldman:
We left our Q4 GDP tracking estimate unchanged at +2.3% (quarter-over-quarter annualized) and our Q4 domestic final sales forecast unchanged at +2.3%. [Jan 7th estimate]
And from the Atlanta Fed: GDPNow
The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2024 is 2.7 percent on January 9, unchanged from January 7 after rounding. After the wholesale trade report from the US Census Bureau, the nowcast of fourth-quarter real gross private domestic investment growth increased from -0.6 percent to -0.4 percent. [Jan 9th estimate]