29.07.2008 13:07

Credit Suisse notes Q2 GDP data will contain historical revisions


"We have no explicit forecast about which direction the benchmark revisions will take, although it is natural to assume that periods of economic weakness are prone to downward revisions. Various data points, including the Index of Coincident Indicators and income side measures of GDP, point to a weaker run rate for the economy than the last few quarters of GDP data might suggest."






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