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NY Fed's GDP Nowcast ticks up to 1.2% for Q4 2019

The US economy is expected to expand by 1.2% in the last quarter of 2019 and by 1.7% in the first quarter of 2020, the Federal Reserve Bank of New York's latest Nowcasting Report showed on Friday.

"News from this week's data releases increased the nowcast for 2019:Q4 by 0.1 percentage point and increased the nowcast for 2020:Q1 by 0.5 percentage point," the NY Fed explained in its publication. "Positive news from the Philadelphia Fed Manufacturing survey and housing starts data drove the increase for 2020:Q1."

US Industrial Production: Manufacturing trend starting to improve – Wells Fargo

According to analysts at Wells Fargo, today’s US Industrial Production report contained encouraging signs, despite the main headline. Ex-autos, manufa
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IMF's Georgieva: US-China trade deal to lift China's GDP growth to 6% for 2020

The phase-one trade deal between China and the United States could lift China's Gross Domestic Product (GDP) growth to 6% in 2020, the International M
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