This is what Goldman Sachs and Atlanta Fed are expecting for the US Q3 GDP.

The Bureau of Economic Analysis (BEA) is preparing to release its preliminary estimates for the third-quarter gross domestic product (GDP) in the United States on Thursday. This data is expected to show strong economic growth and contradicts previous concerns of a recession. It will provide important insights for Federal Reserve policymakers in measuring the balance between growth and inflation. Economists are anticipating a quarter-on-quarter annualized growth rate of 4.3%, which would be the highest rate since the final quarter of 2021. This growth rate would also be significant when compared to the period before the pandemic and financial crisis. Goldman Sachs predicts a growth rate of 4.6%, while the Atlanta Fed suggests it could reach 5.4%. Consumer spending is expected to be the main driver of this economic growth. The market has previously reacted to the BEA’s GDP estimates, with stock prices and bond yields being affected.