Above 3% now as a result of better trade and inventories
The CNBC GDP tracking is now at 3%. With a range from 2% to 3.6%.
The trade data this morning and higher inventories have contributed to the recent surge.
Bloomberg is still showing the estimate at 2.5% (may be revised higher going forward).
A 3% number would be the highest going back to the 3Q of 2014 when growth came in at 5.0% QoA.