just procrastinating

Tuesday, February 01, 2005

Blame Canada
I knew they were trying to keep us down:
GDP to Be Revised Due to Canada Error-BEA

WASHINGTON (Reuters) - U.S. economic growth will be revised because of a miscalculation by Canadian officials, but revisions will not be revealed until the next scheduled report on Feb. 25, the Commerce Department said on Monday.

The correction to trade data by Statistics Canada is expected to boost fourth-quarter U.S. gross domestic product by as much as half a percentage point, nudging economic growth up from the disappointing 3.1 percent annual pace reported on Friday, analysts said.
I knew things felt better last quarter.

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