The NY Fed GDP Nowcast remains at 1.4% in the current week

Actually moved from 1.36% to 1.39% but rounded it remains at 1.4%

The NY Fed GDP Nowcast estimate for 2Q GDP remains unchanged at 1.4% in the current week. Below are the contributions and subtractions from the data over the last week.

They also estimate the Q3 and that has fallen to 1.3% from 1.7% last week.

The 3Q GDP estimate has been lowered to 1.3% from 1.7%

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