New York Fed Nowcast Q4 GDP forecast rises to 2.5% from 2.4%

Weekly GDP tracker from New York Fed edges higher
Fourth quarter GDP is looking a bit better after this week’s economic data, according to the New York Fed.
"News from this week’s data releases provided mixed signals, but on balance had a slightly positive impact on the nowcast," they wrote today. "Positive contributions came from new orders of durable goods and wholesale inventories, but other items in the advance durable goods report had negative contributions."