IVV - Climbing Limo GDP Forecast For Q1 2024

2024-04-24 12:23:00 ET

Summary

• Later this week, on Thursday, 25 April 2024, the Bureau of Economic Analysis will publish its first estimate of the United States' Gross Domestic Product during the first quarter of 2024.
• It's a good opportunity to check in with how 2024-Q1's GDP tracks with what a momentum-based forecasting method projected it would be for this quarter over seven months ago.
• Looking much further forward, since the GDP data for 2023-Q4 has been finalized, the Climbing Limo method projection using that data point suggests some rather robust GDP growth through the third quarter of 2024.

Later this week, on Thursday, 25 April 2024, the Bureau of Economic Analysis will publish its first estimate of the United States' Gross Domestic Product during the first quarter of 2024....

For further details see: