Q1 GDP Forecasts: 1.7% to 2.7%

From the NY Fed Nowcasting Report The New York Fed Staff Nowcast stands at 1.7% for 2020:Q1 . [Feb 7 estimate] emphasis added And from the Altanta Fed: GDPNow The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2020 is 2.7 percent on February 7, down from 2.9 percent on February 5. [Feb 7 estimate] CR Note: These very early estimates suggest real GDP growth will be between 1.7% and 2.7% annualized in Q1....(read more)

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