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%.
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)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson