The latest Atlanta Fed GDPNow and New York Fed Nowcast were little changed on economic news this week.

The Nowcast was steady at 2.0%.

The GDPNow base forecast and real final sales forecast slipped to 1.7% on October 9 from 1.8% on October 4 following wholesale trade report from the U.S. Census Bureau.

These are muddle through, not recessionary numbers.

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Mike "Mish" Shedlock

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