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Published on Tuesday, August 25, 2015 | Updated on Tuesday, August 25, 2015

U.S. Real GDP Growth Nowcast: 1.14% for 3Q15

MIFUS model nowcasts 1.14% for 3Q15 real GDP growth. Nowcast incorporates BEA’s revised GDP data since 2012, including better 1Q figures. Consumer expectations significantly deteriorated in July’s survey, dragging down the nowcast