Whatever the first-quarter GDP number is when reported on April 28, it's likely to be revised and it could easily be negative or positive. According to a CNBC study, the average error rate since 1990 in government quarterly GDP reports was plus or minus 1.3 percent.
They’ll correct in again April 28th, but they will really correct it sometime in Mid November.
After the elections.
It will probably show we started a recession in the 1st quarter of this year.
I heard one nitwit on the radio today, talking about how this was just a normal revision of the ‘robust numbers’ for the first quarter.
Can I get a refund on the taxes I’ve paid since 2009?
I don’t think I’m getting what I paid for.