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IBDvalueinvestin (99.64)

Today's economic data surprisingly came in-line or slightly better than consensus

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February 02, 2009 – Comments (2)

Thats a relief at least for today.

08:30 

ECONX December PCE Core y/y +1.7% vs +1.7% consensus
08:30  ECONX December Personal Spending -1.0% vs -0.9% consensus, prior revised to -0.8% from -0.6%
08:30  ECONX December PCE Core m/m 0.0% vs 0.0% consensus
08:30  ECONX December Personal Income -0.2% vs -0.4% consensus, prior revised to -0.4% from -0.2%
08:30  ECONX December PCE Deflator y/y +0.6% vs +1.0% consensus

2 Comments – Post Your Own

#1) On February 02, 2009 at 9:22 AM, cubanstockpicker (20.20) wrote:

how is .10 less personal sepnding than consensus good news? Even after being adjusted downward twice?

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#2) On February 02, 2009 at 9:33 AM, Jimmy2008 (< 20) wrote:

I am only a chemist instead of statistician. Does it mean anything with 0.10%? Isn't it within 3 standard deviations?

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