US 4 Q GDP awaited

Written January 27, 2012 at 8:24 AM EST by  

The US GDP is awaited with expectation for 3% QoQ (annualized) with Personal Consumption expected at 2.4%.  The 3% change would be the highest since June 2010. It is estimated that un employment declines when GDP is above the 2.5% region in the US.

Note US reports GDP on a annualized basis. So the change on a QoQ basis is extrapolated forward for the year.

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