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4th Quarter GDP Estimate Reduced to .8% from 1.5%

MrPaul Wrote: Jan 14, 2013 7:09 AM

Holiday sales of electronics and toys plunged this past Christmas season. Also of note, JPMorgan lowered its annualized 4th quarter GDP estimates down to .8% from 1.5%. Nonetheless, analysts see a silver lining to the data. They always do.

Toys R Us Sales Decline 4.5%

MSN Money reports Gloomy Holiday Sales at Toys R Us