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Friday, September 15, 2017

New York Fed GDP Nowcast 1.3% versus 2.1% prior

The weekly tracking estimate from the New York Fed - Last week it was to 2.1% from 2.2% because of soft trade data - For Q4, it was cut to 1.8% from 2.6% Ouch. If those numbers hold up, growth this year would be around 1.8%.
New York Fed GDP Nowcast 1.3% versus 2.1% prior

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