GDP Grade for the 4th Quarter
Sorry for the delay - Friday's announcement that real GDP grew at a 1.1% rate in the 4th quarter grades out at:
- A "D" using my standard scale, which is tougher than most college classes.
- A "C" using a curve that corresponds to actual grades student get.
FWIW: I don't give pluses and minuses for the advance announcement, but if this was a final revision I'd be inclined to bump each of these up to a plus.




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