Jun
29

GDP Guidance

panic The third and final estimate of 17Q1 GDP growth came in Thursday morning at 1.4%, a month ago the second estimate was 1.2% and two months ago the first estimate was just 0.8%; quite a difference. Three months after 17Q1 ended, the data is still being updated/revised. The moral, don’t take initial results as gospel and don’t overreact! Look at trends and look at other related data before drawing conclusions.

Share This Post
Facebook Twitter Email

Speak Your Mind

*