Weekly Update for January 31, 2011
January 31, 2011 by Pete Mitchell
Filed under All Posts, Weekly Updates
The preliminary estimate from the Bureau of Economic Analysis certainly beats the +2.6% mark from 3Q 2010. A deeper look into the BEA report reveals both personal consumption and nonresidential fixed investment improving by a healthy 4.4% last quarter; inventory accumulation slowed as well.1
