GDP Forecasts Ahead of the Release At 8:30 am

Ahead of the Q2 GDP release at 8:30 am, economists are looking for a reading of 1.0%, according to Bloomberg. However, some of the big banks are well below consensus here.

Four key banks, among others, have estimates below consensus:

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• Goldman Sachs sees Q2 GDP at 0.7%
  
• Barclays sees Q2 GDP at 0.5%
  
• Morgan Stanley sees Q2 GDP at 0.3%
  
• Credit Suisse sees Q2 GDP at 0.9%

Posted-In: Barclays Credit Suisse GDPAnalyst Color News Econ #s Economics Analyst Ratings

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