Friday, February 27, 2015

GDP? Fuggedaboudit

Whoopsie!  What was first reported as 5% growth has been revised (2nd time) to 2.18%.

ObozoNomics!

1 comment:

steveegg said...

Minor correction - The 5% (due to be written down in the annual revision that I believe is due in April) is the final contemporaneous 3rd-quarter GDP. The 2.2% is the 2nd of 3 contemporaneous esttimates of 4th-quarter GDP.