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    Home»Economy»Calculated Risk: Q3 GDP Tracking: High 3%
    Economy

    Calculated Risk: Q3 GDP Tracking: High 3%

    DailyWesternBy DailyWesternDecember 1, 2025No Comments1 Min Read
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    Calculated Risk: Q3 GDP Tracking: High 3%
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    by Calculated Risk on 11/28/2025 12:56:00 PM

    The advance release of Q3 GDP has been cancelled, and the 2nd release has not been scheduled.

    From BofA:

    On net, given the higher weighting of the months of Jul and Aug in quarterly consumer spending as compared to Sep, our 3Q PCE tracking is down a tenth to 3.1% q/q saar. This along with higher-than-expected Aug business inventories left our 3Q GDP tracking at 2.8% q/q saar. [November 26th estimate]
    emphasis added

    From Goldman:

    We boosted our Q3 GDP tracking estimate by 0.1pp to +3.8% (quarter-over-quarter annualized). Our Q3 domestic final sales estimate stands at +2.7%. [November 19th estimate]

    GDPNowAnd from the Atlanta Fed: GDPNow

    The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2025 is 3.9 percent on November 26, down from 4.0 percent on November 25. After this morning’s advance durable manufacturing report from the US Census Bureau, the nowcast of third-quarter real gross private domestic investment growth decreased from 4.4 percent to 3.5 percent. [November 26th estimate]

    Calculated GDP High Risk Tracking
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