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Business Cycle Indicators: First look at 2013
- GDP focus shifts to 2013. An accommodative Fed and relative strength in consumption and housing to continue. DE upgrades baseline prospect.
- China’s GDP figure for the fourth quarter of 2012 clocked in at 7.9% Y/Y. China’s industrial production jumped the last two months of 2012 suggesting that China has “landed” and now a recovery is due.