February 28, 2006

Fourth Quarter GDP Revised Up
— Ace

...as was likely.

It was a shabby 1.1%, now it's actually estimated at a not-good but not horrendous 1.6%.

Cowbell? No. But still good news.

Posted by: Ace at 07:22 PM | Comments (6)
Post contains 35 words, total size 1 kb.

1 Hasn't every estimate been revised up?

Posted by: Wickedpinto at February 28, 2006 08:07 PM (QTv8u)

2 No, that huge one 3d Q 2002 was revised down.

Posted by: ace at February 28, 2006 09:02 PM (Aw9+4)

3 okay, so one of 24? has been "optimistic" while 23 have been pessimistic?

Posted by: wickedpinto at February 28, 2006 09:39 PM (QTv8u)

4 Correction, 1/21 not 24, I automaticaly went into a 4/6 calc, but, this is in fact only the 21st quarter I think, right? But I still think 94.90% is a success.

Posted by: wickedpinto at February 28, 2006 09:41 PM (QTv8u)

5 Let's also not forget that the numbers BEAT EXPECTATIONS.

Just imagine what would happen in the media reported the truth about the economy, driving up consumer confidence and further driving up the economy.

I guess it's just too much to ask; to ask that reporters actually report the news rather than just print/broadcast what they would like the news to be.


Posted by: Jason Coleman at February 28, 2006 09:52 PM (As32a)

6 Great post, thanks admin

Posted by: helva at January 27, 2011 05:05 AM (otIoS)

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