NY Fed sees 3.08% 2Q GDP growth. Down from 3.26% last week - ConsultFX

NY Fed sees 3.08% 2Q GDP growth. Down from 3.26% last week

3Q estimate at 2.89% vs 3.01% last week The NY Fed Nowcast forecast for the 2Q has moved to 3.08% from 3.26% last week. The guesstimate was hurt by "Imports: Goods and services" which subtracted -0.13% from last week's numbers. "Exports: Goods and services" also subtracted -0.5%. The only contributor was "Data revisions"