New York Fed Q1 GDP Nowcast 2.77% vs 2.71% prior

The latest tracking estimate from the New York Fed

The tracking estimate for Q1 was bumped to 2.77% from 2.71%.

“The positive impact of parameter revisions and a positive surprise
from the ISM Prices index were mostly offset by negative surprises from
nonfarm payroll employment and the ISM Employment index,” the NY Fed said in the release.