It’s almost that time - first estimate for 2018Q2 comes this Friday. Some current predictions are:
Atlanta [1] & St. Louis Fed [2]: 4.5%
New York Fed [3]: 2.69%
Moody’s [4]: 4.0%
It’s interesting that NY Fed’s prediction is so much lower than the other two.
I’m going to go ahead and put my prediction in as 3.2%. What say you?
And with that, I’ll leave this great DJT quote [5]:
So we’re at 3.3 percent GDP. I see no reason why we don’t go to 4 percent, 5 percent, and even 6 percent.
Well I hate to go against Moody’s. New York seems low and Atlanta seems high and I don’t like either of them because they’re normally way off. I’ll go with close to Moody’s but I still think it’s a little high. 3.8% is my prediction.
I’m a little surprised to see NY where it is, and I’ve long not trusted Atlanta or the Lou. I’m going with a very respectable 3.7% personally.
Before Trump ■■■■■■■ get all a tingle about the possibilities…
Obama had quarters of 3% or higher with some going as high as 3.9, 4.0, 4.6. and 5.2%.
This will be promptly ignored and the tired talking point of “Obama was the first president to not have a single year of 3% growth!” will be pushed.
In normal times GDP would increase during a trade war. There would be a lag time but it would be effected.
Now we are not living in normal times so it will be interesting to see what happens. The economy is still strong enough to support even the larger tariff’s that are being bantered about. But if we go another quarter or two still doing battle with China, et.al. things might be much worse fast. And then the GDP might suffer bigly.
I’m with you at 3.2%.
It’ll be good news.
I also predict that conservatives will declare “Mission Accomplished” on a new era of prosperity–ignoring that GDP growth was 2% in Q1 and that we had a few quarters in the Obama years when GDP growth topped 4%.
Of course. Those numbers were just propped up. Now they’re the real numbers. The Deep State doesn’t control them any longer.
We didn’t even have a GDP under Obama.
3.7
No logic or thought put to it. Just emotional dartboard.
You just wanna be me. 
Heh. 3.7 just reminded me of my GPA.
One semester.
3.14159
Because I can
Whatever the percent it is, it will be that percent’s best percent in the history of percents
I’m not seeing an end to this.
I should revise mine to whatever per is best represented by a little less than 13 out of 88.
I am going with 3.6%.
Close 3.8% for me.
If it comes in lower…gulp that doesnt bode well…
Allan
I’m gonna go with 3.2%, followed by several posters who will proclaim that Obama never got to 3%. This will be proven false, and said posters will then proclaim that the Fed dollars propped up Obama.
im going with 4.2
