The Last Chance Of Freedom : 4th Quarter GDP Estimate Reduced to .8% from 1.5%

It's becoming increasingly difficult to discern fact from fiction, and unfortunately the media has a strong bias. They spin stories to make conservatives look bad and will go to great lengths to avoid reporting on the good that comes from conservative policies. There are a few shining lights in the media landscape-brave conservative outlets that report the truth and offer a different perspective. We must support conservative outlets like this one and ensure that our voices are heard.

Monday, January 14, 2013

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

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%

Toys R Us reported a key sales figure declined in November and December, hurt by weak demand for videogames, electronics and toys and shoppers who pulled back because of Superstorm Sandy.

"We believe our December sales were impacted by softness in the overall markets for videogames, electronics and toys, and by the uncertain economic environment in the U.S. and abroad," said CEO Jerry Storch.

Read more: http://finance.townhall.com/columnists/mikeshedlock/2013/01/14/4th-quarter-gdp-estimate-reduced-to-8-from-15-n1488483?utm_source=thdaily&utm_medium=email&utm_campaign=nl

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Monday, January 14, 2013

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

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