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Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread
VTI 334.36-0.3%Dec 16 4:00 PM EST
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To: Boca_PETE who wrote (1914)7/31/2002 9:58:27 AM
From: Alan Bell  Read Replies (1) of 10065
 
The first quarter GDP number was revised downward from 6.1% to 5%. In the past, Bob has commented, that based on recent history, one can expect the employment numbers to be revised downward. Now this is also happening on the GDP. Is the second quarter 1.1% we were just told real? One also has to wonder if this is just carelessness or if they are doing it on purpose, hoping no one will notice the revised numbers, so the economy looks better than it actually is.
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