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U.S. GDP Flash. Revisions to Real PCE and Net Exports Boost 2Q12 GDP

Published on Tuesday, August 28, 2012

U.S. GDP Flash. Revisions to Real PCE and Net Exports Boost 2Q12 GDP

Real GDP growth for 2Q12 was revised up to 1.7%, mostly due to PCE and net exports. Despite 2H12 slowing, we maintain our baseline scenario of 2.1% annual growth

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