Revised Fourth Quarter GDP Preview -........>

US DATA: Revised Fourth Quarter GDP Preview - 08:30 ET/12:30 GMT

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- Fourth quarter GDP is expected to be revised down slightly to a 2.3% gain from

the 2.6% preliminary estimate, based on both the BBG consensus and the MNI

survey. This keeps the Q4 pace below 3.4% rate in Q3. 

- Likewise, analysts in the BBG and MNI surveys see no revision to the 1.8% pace

for the GDP price index.

- Barring a major revision, the data are likely to be anticlimactic, as analysts

have already turned their attention to expectations for a weak Q1 reading. The

first look at that data will be released on April 26 and various nowcast reports

generally see a slowdown below a 2% rate.