🌐 Global Economy 2d ago · Menzie Chinn

On the Eve of the 2026Q3 Advance GDP Release

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On the Eve of the 2026Q3 Advance GDP Release
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GDP growth nowcasted as solid; nowcasted “core GDP” goes gangbusters. Advance release to be discussed by Jim tomorrow…


Figure 1: GDP (bold black), GDPNow of 10/38 (light blue square), NY Fed nowcast of 10/23 (inverted red triangle), EconVitals nowcast of 10/28 (green +), WSJ mean survey (blue line), all in bn.Ch.2017$ SAAR, calculated by iterating nowcasted growth on 2026Q2 3rd release. Source: BEA, 2026Q2 3rd release, Atlanta Fed, NY Fed, WSJ October survey, EconVitals, and

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