1.0Liberty Street Economicshttps://libertystreeteconomics.newyorkfed.orgtizzihttps://libertystreeteconomics.newyorkfed.org/author/tizzi-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2/Reintroducing the New York Fed Staff Nowcast - Liberty Street Economicsrich600338<blockquote class="wp-embedded-content" data-secret="DGBOBk0DwH"><a href="https://libertystreeteconomics.newyorkfed.org/2023/09/reintroducing-the-new-york-fed-staff-nowcast/">Reintroducing the New York Fed Staff Nowcast</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://libertystreeteconomics.newyorkfed.org/2023/09/reintroducing-the-new-york-fed-staff-nowcast/embed/#?secret=DGBOBk0DwH" width="600" height="338" title="“Reintroducing the New York Fed Staff Nowcast” — Liberty Street Economics" data-secret="DGBOBk0DwH" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script>
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https://libertystreeteconomics.newyorkfed.org/wp-content/uploads/sites/2/2023/08/nowcast-image_460.jpg920576This post introduces a more robust version of the New York Fed Staff Nowcast model that better handles data volatility. It was suspended in September 2021 due to unprecedented fluctuations during the pandemic. The post discusses the new features and presents estimates of current quarter GDP growth.