News

NY Fed GDP Nowcast rises to 1.82% from 1.58% last week

Products You May Like

Reported earlier today

Somehow, I missed the release of the weekly NY Fed GDP Nowcast for 3Q growth.

In the current week, the index rose from 1.58% to 1.82%.  The Atlanta Fed GDPNow forecast also rose this week from 1.9% to 2.2%.

The low is the table showing the impact of the releases that influence their GDP model. Building permits added 0.21%  and Retail sales and food services contributed +0.11%. The biggest negative was from capacity utilization at -0.10%. Housing starts subtracted -0.09%.

ForexLive

Products You May Like

Articles You May Like

Record S&P close fueled by late day buying; Nasdaq trails
Japan business federation chief says USD/JPY above 150 is excessive
Financial Times reports that China blocks use of Intel & AMD chips in government computers
UK retail sales, German Ifo business survey on the agenda today
Bitcoin price hints at a correction as BTC market sees over $2.6 billion per day in realized profit

Leave a Reply

Your email address will not be published. Required fields are marked *