Upcoming Data Could Stun The Street
The latest reading on second-quarter GDP is due next week, and forecasts are for an uptick to 2.8%. After the most recent figures from abroad showed the European zone contracted in its most recent quarter, there is a certain level of anxiety over the report. Durable goods orders for July are also on the agenda, and purchases of big-ticket items are expected to be unchanged.
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Posted by Editor at August 25, 2008 07:51 AM