First Quarter GDP Revision Disappoints!
Posted on May 26, 2011 at 09:31 AM EDT
Thursday, May 26, 2011. 9:25 a.m. A month ago the market was shocked when it was reported that GDP growth plunged from 3.2% in the December quarter to only 1.8% in the March quarter. It was hoped that later revisions, after more data became available, would not be so bleak. The consensus forecast was that [...]