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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: Wally Mastroly who wrote (8117)8/26/1999 8:45:00 AM
From: Wally Mastroly  Read Replies (1) of 15132
 
GDP as expected: Q2 GDP REVISED DOWN TO 1.8% FROM 2.3%; PRICE DEFLATOR REVISED TO 1.5% FROM 1.6%.

A Summary/article developing at CNNFN.com:

cnnfn.com

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08:31 Q2 BEFORE TAX PROFITS WITHOUT INVENTORY ADJUSTMENT RISE 2.1% VS. 6.3%.

08:31 Q2 CORPORATE PROFITS FALL 1.1% VS. 5.7% GAIN IN Q1.

08:30 Q2 INVESTMENT GROWS 2.1% VS. 8.5% Q1.

08:30 Q2 CHANGE IN INVENTORIES SUBTRACTS 1.1.9% VS. 0.27% Q1.

08:30 Q2 NET TRADE SUBTRACTS 1.34% VS. 2.23% Q1.

08:30 Q2 CONSUMER SPENDING GROWS 4.6% VS. 6.7% Q1.

08:30 Q2 DOMESTIC PURCHASES PRICE INDEX UNCHANGED AT 2.1%.

08:30 Q2 GROSS DOMESTIC PURCHASES GROW 3.1% VS. 6.6% Q1.

08:30 REVISION TO Q2 GDP REFLECTS BIGGER TRADE GAP, LOWER INVENTORIES.

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