NY Fed Nowcast sees Q3 GDP at 1.59% vs 1.55% last week

NY Fed Nowcast

Economic data generally met expectations this week and that left the New York Fed's forecast for GDP generally unchanged.

"News from JOLTS, retail sales, CPI, PPI, and exports and imports prices releases were small, leaving the nowcast broadly unchanged," the report said.

The Q4 forecast is 1.1%, the same as last week.