Another Surprising Upward Revision to Real GDP
Published on Tuesday, November 25, 2014
Another Surprising Upward Revision to Real GDP
Real GDP growth for 3Q14 was revised up from the advance of 3.5% to 3.9% QoQ SAAR. Upward revision due in large part to consumption and nonresidential fixed investment. Revised data puts additional upward bias on our baseline scenario for growth in 2014
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