27 January 2012

Your Economic Data Points of the Week

The GDP numbers came out, and the word is "meh", with the economy growing at a 2.8% annual rate in the 4th quarter,  under performing the forecast of 3%, and giving a 1.7% increase for the year.

We need to top 3% for a while to really improve our situation.

Yesterday,initial unemployment claims rose, to 377,000, as did continuing claims, though the 4-week moving average, and extended claims fell.

That being said, Consumer sentiment rose in January, which is good news.


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