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The first quarter GDP advance report will....>

DOLLAR
DOLLAR: The first quarter GDP advance report will be released at the bottom of
the hour, with the median forecast among analysts in an MNI survey calling for a
2.0% gain in GDP and a 2.4% rise in the chain price index. MNI's data team note
in the past two years, analysts have shown a clear tendency to overestimate
advance reports of GDP. Analysts have overestimated the advance report six of
the last eight quarters. Further, when analysts overestimate, they miss by a
larger degree than when they underestimate, with an average overestimate miss of
0.43 compared to an average underestimate of 0.25. For the full report please
see MNI Main Wire 1235BST.

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