“Newest Q3 Nowcasts: ATL 2.5% (2.0% prev) NY 2.49% (1.94 prev) STL 2.05% (1.65 prev) It’s going to take stellar shopper spending numbers for Aug and Sep to make this a actuality:”
Properly, right here’s an image of nowcasts as of at present. GDPNow is 3.4% q/q AR for Q3, up from 3.2% on 10/9.
The nowcast for consumption was 3.8% q/q AR. I famous that this was believable. What does at present’s nowcast point out? 3.6%.
