Friday, November 18, 2011

More analysts raise forecasts for Q4 growth

In addition to Macroeconomic Advisers (MA), which I mentioned yesterday, several additional economic analysts have also raised estimates for Q4 GDP growth. JPMorgan & Chase is forecasting +3%. Morgan Stanley is forecasting +3.5%. State Street Global Markets is forecasting +3.3%. Deutsche Bank Securities is forecasting +3%, but says they wouldn't be surprised if Q4 GDP comes in at +4%.

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