Jobs and prices – bad news for the Fed
NAB Morning Call
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Q4 GDP for Q4
The GDP for Q4 the second estimate was actually revised down a fair bit so a bit more of a slowdown than expected you know as I said in the intro everything is taking a bit longer and then concerned. But still there is sort of a healthy capex plan out there at the right it's the same you know confidence isn't it they all spells confidence but if we look in the US, consumer spending has had a big revision down for Q4 hasn't itYeah quite quite a sharp drop in in that component there as part of the headline number being revised down from 2.9 to 2.7 or something like that.
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