Daily Archives: January 27, 2012

Comerica Economic Weekly

The Federal Reserve downplayed recently better U.S. data and extended the extended period for a near-zero fed funds rate to late 2014.  They also committed to a specific inflation target. The advance estimate of 2011Q4 real GDP growth came in … Continue reading

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2011Q4 GDP, Dec. New Home Sales, Durable Goods Orders, Jan. UI Claims

Dour Fed and Q4 GDP Miss: Dialing Down Recent Optimism Real Gross Domestic Product for 2011Q4 increased at a weaker-than-expected 2.8 percent annual rate. New Home Sales for December decreased by 2.2 percent to a 307,000 unit annual rate. New … Continue reading

Posted in Daily, United States | Comments Off