NY Fed Nowcast 2Q GDP estimate dips to 2.8% from 2.9% last week - ConsultFX

NY Fed Nowcast 2Q GDP estimate dips to 2.8% from 2.9% last week

2.5% for the 3Q now, down from 2.6% last week.  The NY Fed Nowcast for 2Q GDP is out for the current week, and it has dipped to 2.79% (round to 2.8%) from 2.87% (round to 2.9%).   The biggest subtraction came from durable goods shipments (subtracted -0.09%). The biggest addition was from new single family houses