What is your Q2 2010 GDP Advance Guess for July 30th?


I should mention revisions

We'll see 3 revisions total on GDP reports. I'm betting the advance is overestimated, result from missing a host of trade import data.

But on one of my rough correlation calculations, I came up with 1.48% and 1.23% which sent me off on a "what did I do wrong" formula hunt for a couple of hours. That one is missing a month of data (last month just repeated), this was ISM correlation. I've also come up with numbers as high as 2.4%, but that was before the trade data and retail sales.

I like how the #1 answer is "who cares, I need a job". Damn straight. More like econ gives one something to do in-between firing off resumes.

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