NY Fed Nowcasting 1Q GDP dips to 2.9% from 3.0% last week

They are still near the high end of estimates

According to their website:

• The FRBNY Staff Nowcast stands at 2.9% for 2017:Q1 and 2.6% for 2017:Q2.


• Negative news from consumption data reduced the nowcast by about one-tenth of a percentage point for both quarters.

NY Fed Nowcasting 1Q GDP dips to 2.9% from 3.0% last week
NY Fed Nowcasting 1Q GDP dips to 2.9% from 3.0% last week
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