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To: KoRn
This is a large revision... however, the original estimate was BS. The article states, " Export, inventory accumulation ... contributed to the downward revision in GDP.

This risk was known in October. Many thought GDP would land at 2% or below for Q4 yet the regime published 3.2%.

10 posted on 02/28/2014 7:06:16 AM PST by 11th Commandment ("THOSE WHO TIRE LOSE")
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To: 11th Commandment
And correct me if I'm wrong, but 3% is nothing to write home about anyways. And they're guessing we might get that high later this year - after another 2% in first quarter.
13 posted on 02/28/2014 7:22:20 AM PST by mykroar (We fight, get beat, rise, and fight again. - Nathanael Greene)
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