Government shutdown blocks key GDP data release – what do the Fed's models say about economic growth?
1. Government shutdown delays release of third-quarter GDP estimates from the Commerce Department. 2. Federal Reserve Bank of Atlanta's nowcast estimates GDP growth at 3.9%. 3. New York Fed's nowcast suggests 2.35% GDP growth for the same period. 4. Economic uncertainty is clouding views for policymakers, according to Jerome Powell. 5. Previous GDP data shows mixed growth performance earlier this year.