US third quarter GDP, advanced estimate, is due at 8.30am NY time
- That's 1230GMT Friday 28 October 2016
- The Bloomberg median consensus is at 2.6% (q/q annualised)
Goldman Sachs:
- Our final Q3 GDP tracking estimate stands at +2.9% (qoq ar)
- Roughly in line with the consensus of forecasts that were updated after the September trade report
- We look for a strong boost from net exports, solid consumer spending, a small contribution from capital expenditures, and another (albeit smaller) drag from inventories
