Tuesday, November 25, 2008

Chronicles Of Depression 2.0: #438: Revisions

Slight Rise in Consumer Confidence

Which is a Smiley Face headline on an article that reveals downward revisions of past economic stats.

I put this here only for the sake of completion. I'm not going to break out these numbers.

I've said again and again not to believe the figures when announced. They always get revised. And usually for the worse!

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