Q3 Estimates: Atlanta Fed GDP Now Ticks Up, NY Fed Nowcast UNCH

First up, the Federal Reserve Bank of New York's Nowcast:

Oct 11, 2019: New York Fed Staff Nowcast

• The New York Fed Staff Nowcast stands at 2.0% for 2019:Q3 and 1.3% for 2019:Q4.
• News from the JOLTS, PPI, CPI, and export and import prices releases were small, leaving the nowcast for both quarters broadly unchanged....MUCH MORE

And from the Federal Reserve Bank of Atlanta's GDP Now (emphasis in original):

Latest forecast: 1.8 percent — October 16, 2019

The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2019 is 1.8 percent on October 16, up from 1.7 percent on October 9. After this morning's retail trade reports from the U.S. Census Bureau and last week's price releases from the U.S. Bureau of Labor Statistics, increases in the nowcasts of real personal consumption expenditures growth and real net exports were partially offset by a decrease in the nowcast of real private inventory investment.

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