Headline: 3.1% (annually for Q4)Expectations: +3%
Analysis: Projections for Q4 GDP were lowered to a positive 2.8% at last revision. In Q3 2010, GDP was at a positive 2.6%.
This isn’t much of a beat, but it’s not another negative revision, so it’s good news.
Markets are barely reacting to this, which indicates that this was pretty much as expected.