Leading indicators remain strong, and Q3:18 GDP estimate remains at 4.4%
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Started by TimNew - Sept. 20, 2018, 12:25 p.m.

Leading indicators say that a strong finish for '18 is just about assured.  Meanwhile, Q3:18  GDP remains on track to remain in the mid 4% range. With 6 business days remaining in Q3,  we'll probably end up pretty close to that.


http://mam.econoday.com/byshoweventfull.asp?fid=496711&cust=mam&year=2018&lid=0&prev=/byweek.asp#top


https://www.frbatlanta.org/-/media/Documents/cqer/researchcq/gdpnow/RealGDPTrackingSlides.pdf

Comments
By Jim_M - Sept. 20, 2018, 1:26 p.m.
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Numbers like that and people are going to start liking Trump a whole lot more.  

By TimNew - Sept. 20, 2018, 2:29 p.m.
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You would think. Oddly enough, there is a large segment of the population that gives credit to Obama for these #'s, even tho these #'s far exceed what we saw during his presidency that ended almost 2 years ago.


These same people blame Trump for any bad, or potentially bad news.

By mcfarm - Sept. 20, 2018, 4 p.m.
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no they will say "just you wait for the revision" only to find out like last time the revision went up and then they still belly ached

By bear - Sept. 20, 2018, 5:29 p.m.
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last time I checked the Atlanta fed now site, things are still getting revised down a bit (but not a lot).   was now below

4%. 

By TimNew - Sept. 21, 2018, 3:34 a.m.
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The link I posted was current as of Sep 19th and shows 4.4%.  Consecutive quarters in excess of 4%.  Been a long time since we've seen that.