Today we had the Atlanta Fed GDPNow Q1 tracker taken down to -2.8% from -1.8% previously. A different tracker from a different Fed branch is painting a completely different picture.
The NY Fed tracker was revised higher to 2.86% vs 2.72% prior.
"News from this week’s data releases increased the 2025:Q1 estimate by 0.2 percentage point and left the 2025:Q2 estimate largely unchanged," it says.
The quarter ends this weekend but there is still plenty of data to come before we get a good sense of GDP. Even then much of it is skewed by tariff front-running and adjustments.
"A negative surprise from personal consumption data was offset by a positive surprise from manufacturers’ new orders data for both quarters, along with a positive impact from parameter revisions for 2025:Q1," the report said.
This article was written by Adam Button at www.forexlive.com.Hence then, the article about ny fed gdp tracker paints a different picture was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( NY Fed GDP tracker paints a different picture )
Also on site :
- Popular Toddler Snacks Sold at Costco, Target and Walmart Recalled Over Potentially Deadly Choking Hazard
- Kraft Mac & Cheese Just Launched 2 Unexpected New Flavors—and One Is Inspired by a Beloved Breakfast Treat
- Grand Circle Cruise Line Black Friday Sale: Save Up to $3,000 on 2027 River Cruises, Plus $1,000 Off for Solo Travelers