NY Fed: GDP Nowcast stands unchanged at 2.5% for Q4

"The New York Fed Staff Nowcast for 2018:Q4 stands at 2.5%," the Federal Reserve Bank of New York reported on Friday.

Key quotes

"News from this week's data releases left the nowcast for 2018:Q4 broadly unchanged."

"A negative surprise from housing data was roughly offset by a positive surprise from personal consumption expenditures."