New York Fed 3rd Quarter GDP Nowcast 2.5%; I’ll Take the Under

by Mike ‘Mish’ Shedlock
Mish Talk

The FRBNY staff Nowcast of GDP Growth for the third quarter of 2016 remains essentially unchanged at 2.5%.

The Atlanta Fed GDPNow forecast for the third quarter will occur after the BEA’s release of the “Underlying Detail” tables of the annual revisions, between August 2 and August 5.

[…] I’ll Take the Under

With 2.5% as the current over/under line, I’ll take the under, way under.

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