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Massive 1.8 Percentage Point Spread Between GDPNow and Nowcast: What’s Going On?

Massive 1.8 Percentage Point Spread Between GDPNow and Nowcast: What’s Going On?

June 25, 2018 Off By Mike Mish Shedlock

GDPNow estimates second-quarter GDP at 4.7%. The FRBNY Nowcast estimates 3.9%. Why the discrepancy?

CategoryGlobal Economics
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