Thursday, January 05, 2012

Q1 GDP running at +2.0%

Macroeconomic Advisors (MA) has finally come out with their initial forecast for Q1 annualized real GDP growth of +2.0%. They are sticking with their forecast of +3.6% for Q4 of 2011.
 
They are essentially planting a stake in the ground and implying that there will not be a recession in Q1.

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