Econ Wrap-Up: GDP, Chicago PMI, Consumer Sentiment, Pending Home Sales
2/27/2015 By Jennifer Coombs
The Bureau of Economic Analysis (BEA) downwardly revised its original Q4-2014 US gross domestic product (GDP) growth estimate to 2.2% from an earlier estimate of 2.6%. The equity markets were unmoved by this and proceeded to open in the red as this reading is far lower than the impressive 5.0% growt
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