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

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%.


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