Wednesday, January 17, 2024

GDPNow -- 4Q23

Locator: 46569ECON.

Updates

January 18, 2024: one day later, unchanged. At 2.4. Next estimate, tomorrow, January 19, 2024.

Later, 7:07 p.m. CT

Original Post

Link here.

And from Schwab:

1.9 / 2.4 =  79.2%. I don't know to what extent house sales, mortgages, rental payments contribute to "consumer spending." My hunch: house sales / mortgages and rental. payments were pretty flat q/q.

Consumer resilience:

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