First this…
We are revising down our estimate of Q1 real #GDP growth to +2.0% from +3.1% previously in light of the deterioration in net exports.
— Joseph A. LaVorgna (@Lavorgnanomics) April 3, 2014
…. then this.
We are adding one full percentage of growth back to our estimate of current quarter real GDP which is now 4.2%.
— Joseph A. LaVorgna (@Lavorgnanomics) April 3, 2014
At least it’s not this.
via Zero Hedge http://ift.tt/1pWzN1n Tyler Durden