Tuesday, May 1, 2009

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weekly economic
commentary 1/23/12

With the onslaught of incoming data rounding out activity for December it is almost time to close the books on 2011.

To be sure, the fourth-quarter GDP report will not be released until next Friday, and that first estimate will be revised several times in coming months as information on missing pieces becomes available.

But most key ingredients are already accounted for, providing us with a reasonably good picture of how the year wound up. 
   

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