NY Fed GDP Nowcast 1.39% vs 1.67% a week ago

Author: Adam Button | Category: News

The latest GDP tracker from the NY Fed

The latest GDP tracker from the NY Fed
The NY Fed said negative surprises from capacity utilization and industrial production data drove most of the decrease.

Meanwhile, the Atlanta Fed estimate is now 2.4% from 2.7% on Feb 7. Merrill Lynch lowered its tracker to 0.7% from 1.0%.

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