7/31/2009

With economists' opinions about recent positive economic news ranging from skeptical to joyous, GDP data for the second quarter might offer genuine help in figuring out where the U.S. economy is headed. "This coming [GDP report] has the potential to be a pivotal release, given its capacity to summarize the recent improvement in economic conditions into a neat little package," said Eric Lascelles, chief economics and rates strategist at TD Securities.

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