The New York Fed Nowcast 2.79% for 2018:Q1 vs 2.77% last week

Q2 2.87% vs 2.91% last week

The NY Fed Nowcast estimate for Q1 GDP comes in virtually unchanged in the current week. 

The “CPI-U All items” subtracted -0.01% and “Data revisions” contributed 0.02%.  

The Atlanta Fed reported their estimate for the Q1 at 2.0% on Tuesday. That was down from 2.3% on April 5th. Their next estimate will be on Monday, April 16th.  The NY Fed will release their next estimate next Friday (as per their weekly schedule).