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Unless you do your own economic forecasting, you are a consumer of economic data. Where do you shop?
The Data
The preliminary report of first quarter GDP showed an increase of 0.6%. Taken on its face, this is very low growth — below potential and a cause of distress for many. No one would like this as a permanent condition.
If however, this proved to be the low point in the current cycle, it might be something like the "soft landing" that almost everyone thought was impossible two years ago.
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Fuente Original
30 April, 2008| Economy |
@ 20:17
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