Goldman revised down tracking estimate of Q1 GDP growth to 2.0% from 2.3% after weak PCE data

Market news

1 March 2012

Goldman revised down tracking estimate of Q1 GDP growth to 2.0% from 2.3% after weak PCE data

Goldman says, that construction spending data and vehicle sales reported later today could also affect their tracking estimate.

Tech on S&P futures

U.S.: ISM Manufacturing, February 52.4 (forecast 54.6)

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