New York Fed GDP nowcast unchanged at 2.2% for Q2, lower for Q3
No change in the GDP tracking estimate for Q2
From the NY Fed:
The effects of this week's news were small and on balance left the
nowcast for 2017:Q2 unchanged and nudged the 2017:Q3 nowcast down by 0.2
percentage point. The most significant news of the week came from the ISM
release. Its negative effect was mostly offset by the positive effect
of data revisions, especially for 2017:Q2. Most Popular