NY Fed Nowcast: GDP growth 1.9% for 2017:Q2

Federal Reserve Bank of New York published its weekly GDP forecast report, with key highlights found below:

• The New York Fed Staff Nowcast stands at 1.9% for 2017:Q2 and 1.6% for 2017:Q3.
• The effect of news from this week's data releases was small, leaving the nowcast for both quarters broadly unchanged.