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To: Stevenc131

Last week’s figures were “upwardly revised” this week? What a surprise — just how many times has that happened in the past four years?


9 posted on 06/14/2012 6:12:42 AM PDT by laconic
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To: laconic

65 out of 66 weeks, I think...that is “unexpected”...:))


24 posted on 06/14/2012 6:25:04 AM PDT by jennings2004 (President Hayes, Mount Rushmore, telephone, Dear Leader...what a mix!)
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To: laconic
Last week’s figures were “upwardly revised” this week? What a surprise — just how many times has that happened in the past four years?

Don't remember exactly but it's about the 50th week in a row that it's happened. Each week is underestimated, which makes the next week's "rise" look smaller because it's based on the unwardly revised previous week.

56 posted on 06/14/2012 8:02:29 AM PDT by citizen (Obomo blames:Arab Spring,Banks,Big Oil,Bush,Ceos,Coal,Euro Zone,FNC,Jpn Tsunami,T Party,Wall St,You)
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To: laconic
Last week’s figures were “upwardly revised” this week? What a surprise — just how many times has that happened in the past four years?

It's never been revised down. It always gets revised up later.
They're spinning the numbers as hard as they can right now to avoid a panic - or hurt Obomas chances of reelection, of course.

61 posted on 06/14/2012 10:01:43 AM PDT by concerned about politics ("Get thee behind me, Liberal")
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