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To: RetiredNow who wrote (125204)10/26/2012 9:32:17 PM
From: tejek  Read Replies (1) | Respond to of 149317
 
The previous quarter final revision was 1.3% down from the second revision of 1.7%. So this reading of 2% may come down as much as 0.4%

Its doubtful that it will be revised downward because things are getting better but let's worry about it when it happens. In the meantime, your econ guru's recession call is a no show. So sorry.



To: RetiredNow who wrote (125204)10/26/2012 9:38:13 PM
From: Sr K  Read Replies (1) | Respond to of 149317
 
Some revisions are up and some are down. They are not always down. I'd guess that more are up than down if you take a long enough period.