“Latest Q3 Nowcasts: ATL 2.5% (2.0% prev) NY 2.49% (1.94 prev) STL 2.05% (1.65 prev) It will take strong consumer spending numbers in Aug and Sep to make this happen:”
Well, here’s a picture of the current cast as of today. GDPNow is 3.4% q/q AR in Q3, up from 3.2% on 10/9.
The nowcast to be used was 3.8% q/q AR. I noticed that this was audible. What is today’s broadcast now showing? 3.6%.
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