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Little impact from retail sales on NYFed's GDP...>

US
US: Little impact from retail sales on NYFed's GDP Nowcast - more hurt by IP/Cap
Util which shaved a couple of tenths a percent on the Q1 estimate. Their
estimate now stands at 1.4% Q/Q ann. for the quarter, down 0.3pp. "Negative
surprises from capacity utilization and industrial production data drove most of
the decrease."
- Link: https://www.newyorkfed.org/research/policy/nowcast

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