(Reuters) - A joint press release from the White House Council of
Economic Advisers, Treasury Department and Office of Management
and Budget revised down a forecast for 2007 growth in gross
domestic product to 2.3 percent this year from 2.9 percent.
The latest figures, presented on a
fourth-quarter-over-fourth-quarter basis, update estimates that
were made last November. They will be used in a mid-year review
that the White House will issue later.
Read more at Reuters.com Bonds News
Economic Advisers, Treasury Department and Office of Management
and Budget revised down a forecast for 2007 growth in gross
domestic product to 2.3 percent this year from 2.9 percent.
The latest figures, presented on a
fourth-quarter-over-fourth-quarter basis, update estimates that
were made last November. They will be used in a mid-year review
that the White House will issue later.
Read more at Reuters.com Bonds News
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