NY Fed: GDP Nowcast stands at 2.0% for 2017:Q2 and 2.0% for 2017:Q3
|"The New York Fed Staff Nowcast stands at 2.0% for 2017:Q2 and 2.0% for 2017:Q3," the Federal Reserve Bank of New York said on Friday.
Key quotes:
- News from this week’s data releases increased the nowcast slightly for both quarters.
- Positive surprises from housing data were only partially offset by negative surprises from manufacturing surveys in the third quarter.
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