NY Fed's GDP Nowcast for second quarter rises to 2.2%

In its latest Nowcasting Report, the Federal Reserve Bank of New York said the Nowcast rose to 2.2% for the second quarter of 2019 from 2.15% announced in the previous estimate. "News from the JOLTS, CPI, PPI, and international trade releases left the nowcast for 2019:Q1 broadly unchanged," New York Fed added.