New York Fed GDPNowcast estimates US second quarter GDP growth at 2.35%

The New York Fed's GDPNowcast estimates that the U.S. GDP growth rate for the second quarter is 2.35% (previous forecast was 2.42%). There is a 50% probability that the second quarter GDP growth rate will be between 1.28% and 3.48%, and a 68% probability that it will be between 0.73% and 3.94%.