Tuesday, January 10, 2012

Q4 GDP estimate lowered to +3.3%

Macroeconomic Advisors (MA) has lowered their forecast for Q4 annualized real GDP growth to +3.3% from +3.4%, but is maintaining their Q1 forecast of +2.0%.
 
The bottom line is that they are essentially planting a stake in the ground and implying that there will not be a recession in Q1.

1 Comments:

At 8:51 PM EST , Anonymous QUALITY STOCKS UNDER 5 DOLLARS said...

Nothing to wright home about 2 or 3percent is so low even the birds cannot make it.

 

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