by Calculated Risk on 7/18/2025 02:44:00 PM
From BofA:
Since our last weekly publication, our 2Q GDP tracking is down one-tenth to 2.2% q/q saar. [July 18th estimate]
emphasis added
From Goldman:
June single-family housing starts were weaker than our previous GDP tracking assumptions. We lowered our Q2 GDP tracking estimate by 0.1pp to +2.8% (quarter-over-quarter annualized). Our Q2 domestic final sales estimate stands at +0.9%. [July 18th estimate]
And from the Atlanta Fed: GDPNow
The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2025 is 2.4 percent on July 18, unchanged from July 17 after rounding. After this morning’s housing starts release from the US Census Bureau, the nowcast of second-quarter real residential investment growth decreased from -6.4 percent to -7.0 percent. [July 18th estimate]
