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Thursday, January 25, 2024

Another Look At The 4Q23 GDP Released This Morning -- January 25, 2024

Locator: 46645GDP.

How impressive was the GDP number for the 4Q23 that was reported this morning?

4Q23 GDP came in at 3.3%.

Analysts were forecasting 2.0%.

The last GDPNow forecast 2.4%.

Look at the graph below (previously posted. What do you notice?

Not even one analyst forecast anything close to 3%. Amazing!

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