A Big Week of Economic Data Revisited!

I thought I would revisit last Monday's post on economic releases and the actual results as compared to the forecasts.


1) Dec. New Home Sales: Previous: $647K Forecast: $635K Actual: $604K

2) Jan. Consumer Confidence: Previous: 88.6 Forecast: 88.0 Actual: 87.9

3) 4th Quarter GDP: Previous: 4.9% Forecast: 1.1% Actual: .6%

4) FOMC Rate Decision: Previous: 3.5% Forecast: 3.0% Actual: 3.0%

5) Dec Consumer Spending: Previous: 1.1% Forecast: .3% Actual: .2%

6) Weekly Jobless Claims: Previous: 301K Forecast: 315K Actual: 375K

7) Jan Unemployment Rate: Previous: 5.0% Forecast: 5.0% Actual: 4.9%


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