NY Fed weekly GDP Nowcast estimate up to 6.8% from 6.1% last week
Summary
By sueyangfx.com April 16, 2021 at 04:39PM Moving back higher with US retail sales the catalyst The NY Fed GBP Nowcast is projecting growth of 6.8% for the first quarter which is up from 6.1% last week. The catalyst for the week was […]
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April 16, 2021 at 04:39PM
Moving back higher with US retail sales the catalyst
The NY Fed GBP Nowcast is projecting growth of 6.8% for the first quarter which is up from 6.1% last week. The catalyst for the week was the better-than-expected retail sales. The retail sales and food services component added 0.65% to the bottom line estimate this week. Other contributors included capacity utilization, industrial