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NY Fed: Nowcast GDP ticks as much as 2.6% for This autumn

“The New York Fed Employees Nowcast for 2018:This autumn stands at 2.6%,” the Federal Reserve Financial institution of New York reported on Friday.

Key quotes

“Information from this week’s information releases elevated the nowcast for 2018:This autumn by zero.1 proportion level.”

“Constructive surprises from labor and worldwide commerce information had been solely partially offset by damaging surprises from the ISM manufacturing survey.”

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