New York Fed Q3 GDP Nowcast +1.5% vs +1.7% prior - ConsultFX

New York Fed Q3 GDP Nowcast +1.5% vs +1.7% prior

The latest weekly tracking estimate from the New York Fed - Last week's Q3 estimate was 1.7% - Q4 estimate 2.6% vs 2.9% prior From the NY Fed: "Negative surprises from the new residential construction and industrial production releases accounted for most of the decline." Copyright 2015 Forexlive.com