From BofA: This week’s data pushed up 4Q GDP tracking to 7.4% qoq saar from 7.0%, but lowered 1Q GDP tracking to 1.6% from 2.5%. [March 4 estimate]
emphasis addedAnd from the Altanta Fed: GDPNow
The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2022 is 0.0 percent on March 1, down from 0.6 percent on February 25. [March 1 estimate]
Who Is Still Buying Russian Oil And Gas?
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