GDPNow Dips to 2.5% Following Bounce in Housing Starts; NY Fed Nowcast 1.2%

May 17, 2016

by Mike ‘Mish’ Shedlock
Mish Talk

The Atlanta Fed updated its GDPNow forecast following today’s housing and CPI reports.

The Atlanta Fed model says 2.5%, the New York Fed Nowcast Model says 1.2%. The New York Fed updates its Model on Friday.

Latest forecast: 2.5 percent — May 17, 2016

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