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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (27803)7/27/1999 12:35:00 AM
From: N  Read Replies (2) of 50167
 
Ike,

Two guesses about second quarter annualized real gdp growth, first from Thomson, second from Fed's Humphrey Hawkins report to Congress:

dismal.com
July 29 real gdp growth announcement (annualized):
Q1:99 4.3%
Q2:99 3.8% consensus

vs. Fed's Humphrey Hawkins report (excerpt)

bog.frb.fed.us

"The economy has continued to grow rapidly so far this year. Real gross domestic product rose more than 4 percent at an annual rate in the first quarter of 1999, and available data point to another significant gain in the second quarter..."

Reading through this report...just pulled it up tonight.

Best,
Nancy
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