NY Fed Nowcast estimate for 4Q GDP at 3.9%

Down from 4.0% last week The NY Fed  is out with their estimates for 4Q and 1Q 2018.  They now see 4Q GDP at 3.9%, down from 4.0% last week.  The biggest contributor was single family houses sold (added 0.1%).  Data revisions subtracted -0.09% (see charts below).
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