Tuesday, August 29, 2017

2017 Q2 GDP Growth Rate Second Estimate Predictions

Tomorrow, the Bureau of Economic Analysis (BEA) will announce the Second Estimate of the 2017 Second Quarter GDP growth rate. The average prediction in the Wall Street Journal's Economic Forecasting Survey is a 2.73% GDP growth rate (quarter over quarter growth at an annualized rate). The Advanced Estimate of the 2017 Second Quarter GDP growth rate announced on July 28 was 2.57%.

The North Star GDP Estimate for the second quarter of 2017 is at 1.90% year over year growth or 1.84% (quarter over quarter growth at an annualized rate). The North Star GDP Forecast for the third quarter of 2017 is 1.98% year over year growth (or 2.35% QoQ).


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