New York Fed GDP Nowcast edges higher to 2.1%

  • Slight lift to the GDP tracker
Empire state building Fed

The The New York Fed Staff Nowcast for 2025:Q3 is now 2.10%, which is fractionally higher than 2.08% last week. The Philly and Empire Fed surveys essentially cancelled each other out while the retail sales numbers added a slight lift.

The advance reading on Q3 isn't due until Oct 30 so there is much data to come before we get anything close to a real consensus.

NY Fed nowcast

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