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Wednesday, 24 July 2013

US OUTLOOK/OPINION: JPM says latest core econ data reported for construction,...

US OUTLOOK/OPINION: JPM says latest core econ data reported for construction,

cap goods, retail sales, trade, and inventories could "be modestly favorable for  GDP growth on net" from 2010 on, "led by a decent-sized upward revision to 1Q13  and mixed results across the other quarters." GDP revisions are due Jul 31 and  could initially confuse, JPM says.

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