The Traderszone Network

Published in TZ Latest News 2 December, 2016 by The TZ Newswire Staff

New York Fed Nowcast Q4 GDP estimate rises to 2.7% from 2.4%

GDP tracker from the New York Fed rises
– News from this week’s data releases provided mixed signals, but overall had a positive impact on the nNwcast.
– Real gross domestic income and labor market data had the largest positive contributions to the Nowcast, only slightly offset by negative news from personal consumption expenditures.