N.Y. Fed raises U.S. fourth-quarter growth estimate to 2.69 percent
NEW YORK (Reuters) - U.S. economy is growing at a 2.69 percent pace in the fourth quarter following this weekâ€™s data on producer prices and job openings, the New York Federal Reserveâ€™s Nowcast model showed on Friday.
This was faster than the 2.61 percent rate calculated by N.Y. Fedâ€™s program a week ago.
Reporting by Richard Leong
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