Here is what I've come across so far in terms of what the deal will do to US growth in 2013:
Feroli (JPM) says growth will be hit by 1%
Rosenberg (Gluskin Sheff) thinks it will be 1.5%
Goldman Sachs says 1.3%
Kit Juckes (SocGen) oddly sees the deal adding 0.5% to GDP. Perhaps this is from a baseline of a fiscal cliff occurring.
In summary, US GDP should struggle in 2013, coming in around 1.0% - 1.5%.
UPDATE: Chicago Fed Charles Evans sees US growth at 2.5% for 2013
Feroli (JPM) says growth will be hit by 1%
Rosenberg (Gluskin Sheff) thinks it will be 1.5%
Goldman Sachs says 1.3%
Kit Juckes (SocGen) oddly sees the deal adding 0.5% to GDP. Perhaps this is from a baseline of a fiscal cliff occurring.
In summary, US GDP should struggle in 2013, coming in around 1.0% - 1.5%.
UPDATE: Chicago Fed Charles Evans sees US growth at 2.5% for 2013
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