Home › Forums › Financial Markets/Economics › Q1 ’07 GDP › I’m still betting around 2%
I’m still betting around 2% for Q1 GDP. It has been hovering there for the last two quarters, and I’m betting on the continued trend to stay above 1%. I’ll eventually be wrong, but probably not this quarter (maybe by 3Q 2007).
BTW, news just out on March spending … up 0.7% (forecast to be 0.4%) and Feb consumer spending was revised up to 0.5% (originally reported as a 0.1% decline). http://money.cnn.com/2007/04/16/news/economy/retailsales/index.htm?postversion=2007041609
