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NY Fed Nowcasting Report

FED
  • The New York Fed Staff Nowcast stands at 3.5% for 2021:Q3.
  • News from this week's data releases decreased the nowcast for 2021:Q3 by 0.3 percentage point.
  • Negative surprises from advanced retail sales, housing starts, and Empire State Manufacturing survey data accounted for most of the decrease.

NY Federal Reserve

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