NY Fed Nowcast: GDP growth 1.9% for 2017:Q2

Federal Reserve Bank of New York published its weekly GDP forecast report, with key highlights found below:

  • The New York Fed Staff Nowcast stands at 1.9% for 2017:Q2 and 1.6% for 2017:Q3.
  • The effect of news from this week’s data releases was small, leaving the nowcast for both quarters broadly unchanged.

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