{"id":259700,"date":"2024-09-13T23:07:18","date_gmt":"2024-09-13T23:07:18","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2024\/09\/13\/end-of-week-nowcasts-econbrowser\/"},"modified":"2025-06-25T17:11:19","modified_gmt":"2025-06-25T17:11:19","slug":"end-of-week-nowcasts-econbrowser","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2024\/09\/13\/end-of-week-nowcasts-econbrowser\/","title":{"rendered":"End-of-Week Nowcasts | Econbrowser"},"content":{"rendered":"

[ad_1]
\n<\/p>\n

\n\t\t\t\t<\/p>\n
\n

St. Louis and NY Feds have new nowcasts.<\/p>\n

\"\"<\/a><\/p>\n

Figure 1:<\/strong> GDP (bold black), Survey of Professional Forecasters August median forecast (tan), GDPNow of 9\/9 (blue square) and of 9\/4 (blue open square), NY Fed 9\/13 (red triangle-line), St. Louis Fed 9\/13 nowcast (light green inverted triangle), 9\/6 nowcast (inverted open triangle), Goldman Sachs (teal circle), all in bn.Ch.2017$. Nowcast levels calculated iterating growth rate to reported 2017Q2 2nd release GDP levels. Source: BEA 2024Q2 2nd release, Philadelphia Fed for SPF<\/a>, Atlanta Fed (9\/9), NY Fed (9\/6), St. Louis Fed (9\/6), Goldman Sachs (9\/6), and author\u2019s calculations.\u00a0<\/em><\/p>\n

Lewis, Mertens and Stock\/NY Fed WEI at 2.27%, Baumeister, Leiva-Leon and Sim WECI at -0.19 implying 1.81% if trend is 2%.<\/p>\n

\u00a0<\/p>\n

\u00a0<\/p>\n<\/p><\/div>\n

<\/p>\n