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3 Numbers: Economists expect US Q4 GDP growth to be revised up to 2.1%
A busy day for US economic reports awaits, including revised GDP numbers for the fourth quarter of 2016. We’ll also see new house-price data for December (via the S&P Corelogic Case-Shiller Housing Price Index) and the first look at the Conference Board’s US Consumer Confidence Index for February. US: Q4 GDP (1330 GMT) The second estimate of US growth in last year’s fourth quarter is expected to tick higher in today’s update. If that turns out to be accurate, a firmer increase will boost confidence that output will accelerate in this year’s first quarter. A bit of good news on the GDP front would ... (full story)