Spread to Atlanta Fed widens.
The Atlanta Fed sees growth at 4.1%
The NY Fed Nowcast estimate is now coming in at 2.27%, down from 2.47%
That is over a 1.8% spread between the two Fed forecasts. Exports and "Parameter revisions" were the largest subtractions. The ISM employment index was the biggest contributor.
The 4Q they see 2.8% vs 2.92% last week.