January 11, 2019 / 4:32 PM / 5 months ago

N.Y. Fed keeps U.S. first-quarter GDP view near 2.1 percent

NEW YORK (Reuters) - The U.S. economy is growing at a 2.11 percent pace in the first quarter based on this week’s data on services sector activity and consumer prices, the New York Federal Reserve’s Nowcast model showed on Friday.

This was little changed from the 2.12 percent rate calculated by N.Y. Fed’s program a week earlier.

Reporting by Richard Leong

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