March 24, 2023

GDP 3rd Release, GDO, GDP+, GDPNow etc.

Figure 1: GDP (vibrant black), GDO (tan), GDP+ (green), GDPNow for Q4 (red square), Goldman Sachs (12/23) (teal triangle), all in blillions Ch.2012$, SAAR. GDP+ level determined by iterating on 2019Q4 GDP (when GDP and GDO matched).

Heres the image: revisions up in Q3 GDP, and GDP+. Keep in mind that GDP+ suggests no recession in 2022H1.

This entry was posted on December 23, 2022 by Menzie Chinn.

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