Home NY Fed: GDP Nowcast stands unchanged at 2.5% for Q4

NY Fed: GDP Nowcast stands unchanged at 2.5% for Q4

Updated: 30 Nov. 2018 | 17:32

“The New York Fed Staff Nowcast for 2018:Q4 stands at 2.5%,” the Federal Reserve Bank of New York reported on Friday.

Key quotes

“News from this week’s data releases left the nowcast for 2018:Q4 broadly unchanged.”

“A negative surprise from housing data was roughly offset by a positive surprise from personal consumption expenditures.”

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