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Politics : Idea Of The Day
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To: Judy who wrote (25762)4/26/1999 8:40:00 PM
From: Lee  Read Replies (1) of 50167
 
Hi Judy,.>Re:. Do you have a feel for the GDP coming out this Friday?

I'm guessing upwards of better than 5%. Maybe lots better! <g> The only thing which could keep it somewhat lower is the trade deficit, ($19b in Feb.), but inventories should add and consumers are still going gang busters. Consumers account for 68% of the number and retail sales were revised significantly upward for Jan and Feb. Housing spending is still very robust as well which contributes to investment spending and I think business investment has been healthy also.

Regards,

Lee
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