A nice jump in the US final GDP revision
Skerdian Meta•Friday, March 25, 2016•1 min read
The fourth and final US GDP revision for the fourth quarter of 2015 showed that the economy grew by an extra 0.4% comparing to what was previously estimated. The last reading showed that the US economy expanded by 1.0% in the Q4 2015 but this final revision takes that number to 1.4%. The consumption also jumped to 2.4% from 2.0% and the durable goods orders was revised to 3.8% from 3.4%. These are some good revisions but the US Dollar isn´t reacting.
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Skerdian Meta
Lead Analyst
Skerdian Meta Lead Analyst.
Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank's local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands-on trading. Skerdian has a masters degree in finance and investment.
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