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Friday, April 27, 2012

GDP Miss Far Bigger Than Announced; Real GDP is 0% Using More Reasonable Deflator

GDP Miss Far Bigger Than Announced; Real GDP is 0% Using More Reasonable Deflator

The Advance Estimate for Q1 GDP came in at 2.2%, down from 3.0% in the previous quarter, and below most mainstream media estimates of 2.5%.

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