Macroeconomic Advisers still forecasting growth of +3.6% for Q4 GDP

Macroeconomic Advisers (MA) is still forecasting annualized real GDP growth of +3.6% for Q4. They had been forecasting +3.7% growth as of last week. This is still very good news.

 

Unfortunately, this doesn't tell us anything about what Q1 or the rest of 2012 might be like.

-- Jack Krupansky