Atlanta Fed GDP Forecast For Q4 At 10.4% QoQ, Thanks To Housing (Pending Home Sales +16% YoY!)

by confoundedinterest17

Joe Biden is having a marvelous Christmas thanks to Donald Trump. Trump’s gift? A Q4 GDP Forecast of 10.4% QoQ with improving unemployment rate of 6.7%.

And the gift gets better with pending home sales at 16% YoY.

The pending home sales YoY are not included in the Atlanta Fed GDPNow forecast for Q4, but housing starts, existing home sales and new home sales are included.

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Merry Christmas and Happy Holidays everyone!

 

 

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