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Pastimes : Home on the range where the buffalo roam
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To: pbull who wrote (13171)4/27/2001 9:48:53 AM
From: pbull  Read Replies (1) of 13572
 
GDP (from Briefing.com):

...believes once revisions are completed, total GDP is likely to be somewhat lower than 2.0%. The tendency in past downturns is for the economic readings early in the process to overstate growth as they incorporate past (more optimistic) assumptions. We wouldn't be surprised to see the same again in this instance. Nonetheless, the number reflects growth which is a positive for the economy and it's being well received by the markets.
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